12 June 2009
WYG International to Support the European Commission to deliver three year programme of support for regional development.
The regional imbalances of wealth and economic activity in Serbia are very high, most notably between urban and rural areas. Less developed regions are becoming even poorer as they continue to lose skilled and young people, which leave those regions unable to attract new investments and businesses. To address this, the European Commission will deliver a three year programme of services which will improve the development of Serbian regions in preparation for future EU membership.
The EU funded support programme is aimed at reversing the decline in these regions. Drawing upon the best of EU experience and expertise, the project will help to create the conditions for balanced regional development. Services provided will increase the efficiency and effectiveness of the Regional Development Agencies, and ensure that EU grants for local development projects are managed efficiently and cost-effectively and used for the purposes for which they were intended.
WYG International has recently signed a €4.9m contract to support the EU and will lead a multi-national consortium to implement this project, which will supply over 14,000 days of expertise to the Serbian Ministry of Economy and Regional Development and to the Serbian Regional Development Agencies.
Keith Cook, Socio-economic Director, WYG International commented “WYG International has a strong track record in regional development and an extensive portfolio within the Western Balkans and we are delighted to bring our experience to Serbia and add to our current portfolio in the region.
This contract is further reinforcing our credentials in the socio-economic sector and strengthens our platform of core skills for future projects.”