which is financed by the Delegation of the European Union to the Republic of Serbia within the EXCHANGE 3 Program and which is carried out by the Standing Conference of Towns and Municipalities. Project partners are the City of Subotica and Public Company "Institute for Constructional Development of the City" Novi Sad.

"Project objective is to gather in one place all the information necessary for potential investors to decide to invest in our city. This will provide all the stakeholders with insight into the locations available for sale that the city disposes with, information about incentives, as well as information about the necessary steps and procedures which should be completed in order for an investment to be successfully realized," said Zoran Ivošević, manager of Local Economic Development Office and project manager.

The web portal will contain data about the latest economy news from Novi Sad, general information about the city, economic development strategy and plan, register of investors, governing laws, precisely described procedures referring to construction, electronic forms, open calls aimed at supporting economy, catalog of locations and GIS. Project completion is planned for the end of December 2011, and total project value is about €290,000.

Novi Sad, November 17^th, 2011