public private partnerships

Public-private partnerships in Serbia: Recent developments and challenges

Belgrade has recently signed a substantial contract with private firms Strela Ub and Strela Obrenovac for transportation services on 34 city lines, valued at 54.1 billion dinars (around 460 million euros). This deal exemplifies the growing trend of public-private partnerships (PPPs) and concessions in Serbia, a sector that has seen over 150 contracts worth more than eight billion euros over the past 12 years. Despite this, the field has faced various challenges, including disputes, contract terminations, and incomplete initiatives. The…