During 2019, numerous projects were implemented in Subotica that started 30 years ago, making the city one of the leaders in terms of attracting domestic and foreign investment and job creation.
No less important is the revival of Palic, as well as the completion of works on the Ipsilon arm of Corridor 10 from Subotica to the Kelebi border crossing. According to Mayor of Subotica Bogdan Laban, this city boasts with the fact that projects that started almost 30 years ago, will be completed.
“The year is coming to an end in attracting domestic and foreign investment, creating new jobs, reviving Palic and a great commitment to the realization of capital projects. Projects that have been started long ago and have not been completed for years are now being finalized and will be completed as soon as possible. In the coming year, we will concentrate on continuing to equip utility infrastructure, as well as continuing to attract investors”, Laban said for Danas.
After more than three decades, the reconstruction of the National Theater building will be completed and in 2020 the first performances will be able to run smoothly.
In 2019, a number of foreign companies have opened factories in Subotica, including Italy’s Ondaplast for the production of plastic plates and materials, an investment worth 6.5 million euros. Then, a factory of the German company B + B Thermo-Technik GmbH was opened in the Mali Bajmok Economic Zone for the production of thermotechnical sensors, which brought another million euros to Subotica. And as the biggest investment of the past year, German company Boysen, which manufactures car exhaust systems, has begun construction of a production facility – this investment project involves an investment of approximately 60 million euros and the hiring of more than 500 full-time workers within five years.
The statement said the strengthening of the entrepreneurial and innovative spirit was possible through the opening of the Regional Innovation Startup Center, which has invested more than 350 thousand euros, with the aspiration to strengthen the innovative potential of the District.
One of the priorities of Subotica’s local self-government in the future will be to pay attention to projects that will support the creation of conditions for young, educated people who are currently unemployed in the near future to find a job, stay in Subotica and contribute to its progress and development, reports Danas.
