China and Serbia to build industrial park in Belgrade

The Serbian-Chinese Industrial Park will be built in Borca, a part of Belgrade, and will span 320 hectares of land – the Minister of Innovation and Technological Development, Nenad Popovic said in Beijing today. The construction is supposed to start in 2018.

The Park will be built near the Pupin Bridge, and, according to the relevant Feasibility Study, it will be a home to 1,000 hi-tech companies that could create several thousand jobs.

After meeting with the executives from China Road and Bridge Corporation (CRBC), which is going to build the park, Popovic said at a press conference that the preliminary construction costs would amount to around 300 million EUR and that three big Chinese banks – Export-Import Bank, Development Bank and China Construction Bank – would provide the funding.

The project will be implemented in three stages – the first stage is worth around 120 million EUR, the second 100 million EUR, and the third 80 million EUR.

Popovic underlined that the park would be one of the best in the area and that it would be occupied bz the biggest regional companies. Over 40 big Chinese companies have already signed a letter of interest, stating that they would want to have their premises in the park.

“We are very conservative in terms of deadlines, but we want to sign a commercial agreement this year. The construction could definitely start next year”, Popovic said and added that smart industrialization, new technologies, and robotics should be the main business activities in the park.

(Blic, 10.10.2017)

http://www.blic.rs/vesti/ekonomija/izgradnja-srpsko-kineskog-industrijskog-parka-u-borci-krece-2018/2zqlmhy

 

This post is also available in: Italiano

Share this post

Leave a Reply

Your email address will not be published. Required fields are marked *

scroll to top
× Thinking to invest in Serbia? Ask us!