48th International Scientific Conference 2017

CONTEMPORARY APPROACHES IN THE ANALYSIS OF ECONOMIC PERFORMANCES

ANALYSIS OF THE OPERATING PARAMETERS OF FREE ZONES OF SERBIA

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Abstract:  Free zones are effective economic instrument which provides the host country a quick influx of investment, increase employment, access to new technologies, education, labor, industrialization and increasing exports.In the daily struggle for investors compete around 10,000 free zones in the World and 82 free zones in Europe. Offering a variety of facilities and services, free zones are struggling to keep existing and attract new customers and the platform of free zones provides the fastest and the most practical way to enhance flexibly in international trade and to increase the attractiveness of countries for productive international investment. Nowadays in Serbia there are 14 free zones, which cover an area of 2.520ha where operate 260 multinationals companies and around 25.000 workers. Besides certain difficulties, in the past years Serbian Free Zones have achieved significant results in terms of increase of inflow of foreign investments, value of turnover and exports, number of employed workers comparing to the results achieved outside the territory of Serbian Free zones. Analysis of the operating parameters is the basis for making of individual strategies and action plans of the Free Zones in Serbia in order to promote business and attract more investments.

Keywords:  income, number of employees, investments, free zone

Published:   p. 35-47   PDF

ISC-2017



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