capital projects

Serbia Strengthens Oversight of Major Public Investment Projects

Serbia has introduced tighter controls over major public investments as the government manages an expanding pipeline of transport, energy, municipal and Expo 2027 projects. The new Capital Projects Regulation, effective from September 5, strengthens requirements for project preparation, feasibility assessments, prioritisation and implementation monitoring. It applies to central-government projects valued at €20 million or more and investments by provincial and local authorities of at least €2 million. The financial thresholds remain unchanged, while the main adjustment concerns governance after projects…