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Serbia has given foreign companies jobs worth about five billion euros

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The largest and most expensive projects in Serbia are being done by foreign companies, and they are lending to banks from their countries on the basis of international agreements, Danas writes.
As it is stated, it is billions of euros (about five), how much the state borrowed for the construction of roads, railways and other infrastructure facilities, without tenders being announced beforehand in order to choose the best contractor, nor did it research the market to determine the price of works for which loans will be taken.
“It casts a big shadow on the assessment that Serbia is a big construction site, because citizens will repay the current loans for years, which amount to almost five billion euros for only the ten largest projects,” Danas points out.
It is stated that Serbia took 2.42 billion euros in loans for only eight sections of highways or expressways with a total length of 330 kilometers, and new jobs are announced for which it is already known in advance who will do them and whose banks will give loans.
Former Minister of Construction Dragoslav Sumarac told Danas that such an attitude of the state towards domestic companies destroyed the Serbian operative, which can no longer get the status of a subcontractor in its own country, but is only a “third hand”, N1 reports.

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