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Environmental protection is an important segment of Chinese investments in Serbia

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The Chinese Ironworks Hbis in Smederevo and Zidjin in Bor from January to November 2020, despite the pandemic, managed to be the first and third largest exporters from Serbia.
This was pointed out by the Chinese ambassador to Serbia, Chen Bo, in an interview with Tanjug.
“Thus, these companies have made a great contribution to the development of Chinese-Serbian cooperation, but also to the development of the Serbian economy,” Bo emphasized for Tanjug.
When asked what will bring significant investments in Smederevo and Bor that are underway, primarily in the protection of the environment and the health of the population, Bo said that since arriving in Serbia, Hbis and Zidjin have been constantly increasing their investments, and that environmental protection is within those investments. One very important area reminds us that both the Chinese and Serbian governments are committed to the concept of green development.
She points out that both Hbis and Zidjin aim to build a green factory and a green mine, and that both companies are committed to solving decades of pollution problems.
“Hbis has invested 140 million US dollars in four years to reduce air and water pollution, while at the same time the works on the construction of sintering plants within the ironworks, which will be completed and start operating this year, and whose sintering technology is protected environment has reached the leading level in Europe,” says Bo.
When it comes to the Zidjin factory in Bor, Bo says that the construction of the smelter flue gas purification system is accelerating there as well, and that it is planned to be completed and put into use in the second half of this year.
Asked whether new investments in Serbia are planned for the New Year, Bo says that 2021 is especially important for China because they mark the 100th anniversary of the founding of the Communist Party, and they managed to achieve the goal of building a wealthy society.
“We will start a new phase of development and expand further openings. With such a background, our two sides will certainly have good prospects,” Bo claims.
She says that the Linglong tire factory, the Mint car parts factory, the Singju car lighting factory and other Chinese investment projects in Serbia will speed up construction work, and that Hbis and Zidjin will certainly make new investments.
Other Chinese companies, she concludes, are also interested in investing in Serbia in the areas of high technology, communications and agriculture, B92 reports.

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