Greenfield investment – in ten simple steps

1. determine the location which complies with the investor’s needs
2. obtain the location license for the chosen location (it is issued by the Town Planning, Construction and Public Service Organization Department of the City Administration – Town Planning Service
3. ensure property rights on the location (lease, purchase)

                      -    public auction

-        land purchase from the owner

4. provide the necessary infrastructure (paying the reimbursement for the infrastructure construction or a missing part of the infrastructure, that is, a connection to the infrastructure network to the competent companies)

5. provide the design / main project (created by the authorized architectural bureau / designer)

4.                  obtain the construction license (issued by the Town Planning, Construction and Public Service Organization Department of the City Administration – Construction and Public Service Organization Service)

5.                  decide on the building company to perform the work and competent institutions (supervisors) for expert’s construction monitoring

6.                  report  on commencement of construction works (certificate issued by the Town Planning, Construction and Public Service Organization Department of the City Administration– Construction and Public Service Organization Service) and beginning of construction (the selected building company)

7.                  obtain a confirmation on technical condition of the object (Technical Reception Committee) and a use permit (issued by the Town Planning, Construction and Public Service Organization Department of the City Administration– Construction and Public Service Organization Service)

8.                  register the object with the cadastre and land registry (Republic Geodetic Bureau – Real Estate Cadastre Service in Zajecar)