First meeting of the Public Investment Committee- a systematic approach to capital investment planning

First meeting of the Public Investment Committee- a systematic approach to capital investment planning

The Ministry of energy, mining and mineral resources actively participated in the first meeting of the Public Investment Committee, whereas the deputy-minister Miroslav Labudovic attended.

The establishment of the Committee represents a fundamental change in the way the state plans and implements capital investments–introducing clear rules, measurable criteria and focus on projects that deliver real value.

As for the Ministry of energy, this means introducing order and strategic discipline in a sector that directly determines the country’s economic stability and the development trajectory.

During the meeting, initiatives with a total estimated value of about € 3,4 billion were reviewed, a significant portion of which relate to infrastructure and energy projects with long-term impact.

„With this approach, a system is finally being put in place whereas investments are no longer the result of ad-hock decisions, but of a clear strategy and genuine readiness. For the energy sector this is especially important-because it involves significant investments, long-term planning and a high level of responsibility “, Labudovic emphasized.

He pointed out that the Ministry of energy, mining and mineral resources will continue to actively suggest and support projects that are feasible, financially sustainable and aligned with the national priorities for energy transition, security of supply and sustainable development.

With the establishing of the Public Investment Committee, the state is taking a decisive step toward a transparent, predictable and efficient system, whereas the capital projects will be assessed according to their true developing impact–while the energy will play a key role in this process.

 

With regards,

Ministry of energy, mining and mineral resources

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