The Government of Serbia finalized the adoption of a Memorandum of Understanding with Minth Holdings Limited, a Chinese company, marking a significant step towards establishing a new production facility in Serbia. This project, set to unfold over a decade, entails an investment of 870 million euros and is expected to create employment opportunities for 2,220 individuals in Inđija.
The initiative aims to develop diverse manufacturing facilities catering to automotive industries, including the production of electric vehicles and bicycles. Additionally, it encompasses the manufacturing of photovoltaic components and construction materials, fostering a robust supply chain within these sectors.
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