Strategy of industrial policy of the Republic of Serbia from 2021 to 2030.

This publication, pursuant to provisions of the Law on planning system of the Republic of Serbia, provides for the Strategy of industrial policy of the Republic of Serbia from 2021 to 2030. The industrial development strategy includes a wide range of economic activities, with a focus on the manufacturing industry, so during its development, all relevant planning documents in the Republic of Serbia were taken into account. Important issues that this document should address are: the coexistence of the traditional industrial sector and the newly created digitally transformed sector, bearing in mind the need to maintain employment and create consistent value; integration of local industrial players into international value chains; the importance of creating the necessary volume and quality of labor that can meet the requirements of industrial development in the future; the issue of improving the business environment that will be stimulating for the work and investment of industrial companies; ensuring sufficient volume and quality of investments; the issue of compliance with environmental standards by industrial companies and the circular economy as a source of new industrial growth. As sectors that have the greatest potential for the application of the circular economies concept in the Republic of Serbia, this text identifies manufacturing (especially food) industry, construction, timber industry, and primary agriculture.