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Serbia at top in the world for greenfield investments

(ANSA) - BELGRADE, 13 AUG - Serbia tops in terms of inbound greenfield investment in 2018 relative to the size of country's economy, according to the Greenfield FDI Performance Index 2019. The Index is an annual study by fDi Intelligence, a Financial Times data division. Serbia, up one position from the previous year, scores 11.92 in the index, followed by Montenegro (11.49) in second place and Cambodia (10.82) in third, fDi Intelligence said. The study noted that Serbia's index score has improved by 1.33 index points, receiving 107 FDI projects, 26 more than 2017, and growing by almost one-third. "Automotive components, food and tobacco, textiles and real estate are Serbia's leading FDI sectors, and combined they accounted for more than half (54%) of total inbound FDI projects in 2018," fDi Intelligence noted. With their scores, Serbia and Montenegro "have far exceeded their regional counterparts, including the likes of Lithuania and Bosnia-Herzegovina, which have high index scores," the report said. (ANSA).