Serbia is a pillar of stability in the region, Minister of Economy Zeljko Sertic has said, noting that with infrastructure projects with China worth USD 1.5 billion, Serbia is a leading country in this part of Europe.
“Serbia is doing everything to bring stability and economic prosperity to the entire region,” Sertic said at the Sarajevo Business Forum (SBF) titled “Prospects for China + 16 CEECs”on Wednesday, underlining the importance of the cooperation with China.
As for the projects that Serbia is implementing with Chinese partners, Sertic mentioned the Pupin Bridge, the first China-built bridge in Europe, but also the Kostolac package, two sections along Corridor 11, worth USD 303 million.
The Belgrade-Budapest rail line, worth around USD 2 billion, which is also being done in cooperation with China, contributes to closer networking in the region, he said.
He also pointed to the recent privatization of Serbia’s sole steel mill Zelezara Smederevo by China’s He Steel Group.
Serbia has chosen the EU path and the reform agenda, so its new GDP growth forecasts have been upgraded to two percent, the minister highlighted, noting that Serbia also offers a highly-skilled workforce and favorable trade arrangements with other countries.
Source; SerbGov
