Italian Development Bank Wants to Support Green Energy Projects in Serbia

The Italian development bank CDP wants to take active part in projects related to green energy in Serbia, and not just when it comes to renewable energy sources, but also the program of increasing energy efficiency, stated Laurent Franciosi, Head of the International Business Support team at CDP, who pointed out that the bank had marked Serbia as one of the main locations, not just for the economic and political ties, but also for the fact that projects of energy infrastructure and environmental protection are in the focus of the Serbian government.

– I also believe that there’s room for us to cooperate on upgrading the power transfer and distribution network and in transport – Franciosi said following his meeting with Minister of Mining and Energy of Serbia Zorana Mihajlovic.

Mihajlovic estimated that there was a lot of room for cooperation, considering the need to increase the number of private sector investments and noted that the projects encompassed by the new investment plan were worth over EUR 17 billion.

Italian Ambassador to Serbia Carlo Lo Cascio, who attended the meeting, said that, considering the economic growth of Serbia and the favorable investment environment, there was an interest of Italian companies for additional investments, as reported on the website of the Government of Serbia.

Ministarstvo rudarstva i energetike Republike Srbije

Ambasada Italije Srbija

Italian development bank

CDP

Ministry of Mining and Energy of Serbia

Embassy of Italy in Serbia

Zorana Mihajlovic

Laurent Franciosi

Carlo Lo Cascio

renewable energy sources

energy efficiency

power distribution network

cooperation