Skopje, 29th December 2015 (MIA) – Trend of industry growth in the last four months is double-digit making it exceptional, showing a favourable start of the next year, underpinning not only the projected growth rate of 3.5% this year, but all contributing to a positive start of 2016 and 4% growth.
 

This was announced by the Deputy Prime Minister and Minister of Finance, Zoran Stavreski, when being posed a journalist’s question following the signing ceremony of the Loan Agreement with KfW for District Heating Bitola Project.

Stavreski underlined that growth of the industrial production registered in the last four months was a result of the sound measures and policies undertaken as regards the Budget by realizing substantial allocations for capital projects funded from both the central Budget and through the state-owned public enterprises.

– This includes the road construction, which has significant effects on the performance of both the industry and the economic activity in general, as well as GDP. Next is the implementation of major projects as regards investments by foreign companies, as well as the increased production by the existing companies, Stavreski said, pointing out the permanent inflow of fresh foreign investments in the country.

He emphasized that export by the foreign companies will reach around EUR 1.5 billion this year, which contributes to both the growth of the industrial production and the overall economic growth of the country.

Also available in: Macedonian

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