img
loader
White City, 24°C
Time Logo
  • Sign up
  • Subscription
0
  • Newest
  • Politics
  • Economy
  • Society
  • The World
  • Culture
  • Mozaik
  • Comment
  • Printed edition
  • Archive
  • Newsletter
  • Podcast
  • Newest
  • Politics
  • Economy
  • Society
  • The World
  • Culture
  • Mozaik
  • Comment
  • Printed edition
  • Archive
  • Newsletter
  • Podcast

Latest Edition

Add to cart

Expo 2027

Kerkeses: Expo 2027 project for the whole nation, costs do not exceed 1,3 billion euros

June 07, 2025, 10:15 PM MS
EXPO 2027 Photo: Tanjug/Strahinja Aćimović
How much will EXPO 2027 cost Serbia?
Copied

The General Secretary of the International Bureau for Exhibitions, Dimitri Kerkezes, says that the costs for the Expo in Serbia are up to 1,3 billion euros with all the necessary infrastructure, and that he knows nothing about the 18 billion that the Government of Serbia presented for this project. He emphasizes that it is not a project for an individual or a group, but for the entire nation

Secretary General of the International Bureau for Exhibitions Dimitri Kerkezes told RTS that "Exspo it is not a project for one man, one specific group or one political party, but for the whole nation".

In the show "Oko magazin", he said that it doesn't matter which part of the political spectrum you come from, The expo must be a project. for everyone in Serbia and everyone in the region.

"I believe that, perhaps due to some other events, the Expo is involved in political conflicts, but this is a project that represents the future of Serbia and the entire region," says Kerkezes.

He goes on to say that after only seven or eight months since the Expo was officially confirmed, "we are already close to 100 countries, if not exactly 100, that have confirmed their participation".

Political crisis and the exhibition Expo

Asked if there was a chance that the Expo would be canceled due to political instability in Serbia, he replied that he did not think there was any risk and explained:

"For the International Bureau of Exhibitions to withdraw recognition, there would have to be a really critical problem within Expo, and today we don't see that at all."

Opposition call to the International Bureau

The opposition previously on the initiative of the National Movement of Serbia, sent a letter to the International Bureau for Exhibitions, as a credible and established international organization, in which they request the cancellation of the specialized Expo exhibition in Belgrade.

The representatives of the parliamentary opposition then pointed out that a high-quality and non-corrupt realization of the specialized exhibition, in accordance with the rules of the International Bureau of Exhibitions and international conventions, would be good for Serbia, but that they are concerned about the fact that the current government wants to abuse the exhibition for corruption and the execution of projects in violation of international conventions and domestic laws and procedures, which would directly harm the reputation of the country and its citizens, as well as the reputation of the International Bureau of Exhibitions.

There will be enough money.

When it comes to the expenses of the Expo, Kerkezes announced that they amount to 1,2 to 1,3 billion euros, noting that the infrastructure costs are included, which means the railways, roads, highways that need to be built, the entire infrastructure around the project itself.

He predicts that the Expo should at least cover the costs, convinced that "we can be calm" on this issue.

Kerkezes emphasizes that he "was never presented, nor did he see, that the Government of Serbia presented a budget of 18 billion euros for this event."

"We had an insight into what was presented to the Executive Committee and our General Assembly, which is in the range of 1 to 1,3 billion euros - and that makes sense to us," he says and adds:

"We will not accept an investment of 18 billion as part of the Expo, because it has nothing to do with the event itself. But, I hope it is part of a wider incentive for the development of the country."

"We know what the Expo's budget is. We will not interfere in what else the government wants to do," he stressed and pointed out that the stadium is not directly connected to Expo.

Silencing citizens

As "Vreme" previously wrote the public hearing for the Expo urban planning project was postponed twice because it was waiting for the amendments to the law to enter into force, the Ministry of Space collective states.

The Official Gazette published an amendment to the Rulebook on the procedure for drawing up plans, according to which public hearings, i.e. public sessions, can be held electronically - and that's precisely in cases where there is great public interest. As, for example, for the Expo or Belgrade on the water.

"In exceptional cases, when there is a great interest of the public in participating in the public session of the commission, the public session of the commission can be held electronically," it is written in the "Official Gazette" 46/2025.

Until now, public sessions (debates) were a rare and valuable opportunity for citizens to directly express their opinion on an urban project and defend the public interest. They were a space of conflict of views - between citizens who defend greenery, public space and water and the City, which unquestioningly puts these resources at the disposal of investors.

Source: RTS/Vreme/FoNet

Tags:

EXPO 2027 International Exhibition Bureau Serbia
Copied

In between

What is happening in the country and the world, what is in the newspapers and how to pass the time?
Every Wednesday at noon In between arrives by email. It's a pretty solid newsletter, so sign up!

More from the Economy section

Jovanjica

12.July 2025 BB

New economy: NBS data show that "Jovanjica" is no longer blocked

As can be seen on the NBS website, the blockade ended on July 10

Public notaries

12.July 2025 Novak Markovic

Notary services became more expensive, some more than double

The Government of Serbia has adopted a new notary tariff on which the value of a point has now increased from 150 to 180 dinars, which is an increase of 20 percent. In addition, certain fees are now twice as expensive as they were

Transparency Serbia

11.July 2025 BB

"The contract on the construction of the Prokop station is even more harmful than thought"

The planned procurement of works to strengthen the platform beams at Prokop shows that the state will bear additional costs in order to make the railway station safe for use

State debts

11.July 2025 MLJ

New economy: NBS borrowed three billion euros with a very unfavorable interest rate

On July 9, at the 27th securities auction, the National Bank of Serbia borrowed 360 billion dinars (3,07 billion euros) on the repo market by selling treasury bills.

Donald Trump informed the leaders of 14 countries about the new tariffs

US Customs

08.July 2025 KS

Trump: Serbia's tariffs of 35 percent from August 1 - what are the consequences for our economy

After the announcement of the introduction and the delay, a new date has arrived from when America will introduce sanctions on imported goods. According to the new announcement of US President Donald Trump, customs duties will come into force on August 1, and for Serbia they have been reduced by two percent compared to the previous announcement.

Comment

Overview of the week

Praise for neutrality

If we are neutral while students are being imprisoned, girls and boys are being beaten for God's justice, democracy is being suppressed, dissenters are being dehumanized, corruption is continuing that kills and many other evil things are being done - then nothing  

Philip Schwarm

Comment

Fires and floods in the realm of corruption

Serbia is not ready for fires, storms and floods, but President Aleksandar Vučić is ready to turn everything into propaganda

Nemanja Rujevic

Comment

Police torture: Why are the prosecutor's office and the MUP pretending to be crazy?

A policeman and a policewoman were filmed pulling a student's hair in an attempt to extort her. It is a classic example of torture, a gross violation of the law for which they would have to bear the consequences

Davor Lukacs
See all
Time 1801
Last edition

MUP and citizens

Everything you need to know about police at protests subscribe
Opposition on the streets

Unity, but partial

Thompson in Zagreb

The most massive pro-fascist rally after the Second World War

Culture of memory: Students and the police

The repressive dream of every dictatorship

Interview: Dušan Strajnić Dukat, group "Oxajo"

It's best when the song overcomes me

See all

Archive

The archive of the weekly Vreme includes all our digital editions, since the very beginning of our work. All issues can be downloaded in PDF format, by purchasing the digital edition, or you can read all available texts from the selected issue.

See all
Time 1801 09.07 2025.
Time 1800 02.07 2025.
Time 1799 25.06 2025.
Time 1798 19.06 2025.
Time 1797 11.06 2025.
Time 1796 04.06 2025.
Time 1795 28.05 2025.
Time 1794 21.05 2025.
Time 1793 15.05 2025.
Time 1792 07.05 2025.
Time 1790-1791 23.04 2025.
Time 1789 16.04 2025.

In between

What is happening in the country and the world, what is in the newspapers and how to pass the time?
Every Wednesday at noon In between arrives by email. It's a pretty solid newsletter, so sign up!

Time Logo
  • Editorial office
  • Subscription
  • Marketing
  • Terms of use
  • Newsletter
  • Projects
Follow us:

© 2025 Time, Belgrade. Developed by cubes

Mastercard Teacher View Dina American Express Understanding WSPAY Visa-Secure Mastercard Secure