Before 2011, the Republic of Serbia had no comprehensive and effective regulatory framework governing PPPs. The Serbian Law on Public-Private Partnership and Concessions was adopted on 22 November 2011. It has a fairly wide scope and covers institutional PPPs in addition to contractual arrangements also takes into account the EU principles of equal treatment, fair competition and is largely based on the EU procurement fundamentals.

Overall, enactment of the new law governing PPPs and concessions represents a significant improvement of regulatory framework. Because of insufficient public funds and inefficient public services it is evident that PPPs will eventually become an option of choice in Serbia. However, at this point, it is still uncertain whether remaining legal impediments and ambiguities will pose a serious threat to further development of PPPs.

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