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The Chinese company Mint has big plans for Serbia

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With the construction of a new bridge on the Sava, a highway to Ruma and a fast road to Loznica – the industrial zone along the right river bank is becoming more and more attractive for investors.
The contract was signed in May, and this October, on 10 hectares of the northwestern industrial zone, the sides of the production plant are springing up between the pillars. Next year, the Chinese Mint will start the production of battery housings for electric cars. They also plan to buy a new 10 hectares and a new hall, RTS reports.
“Primarily the location of the city of Sabac, because it is very well connected with Belgrade and the rest of Serbia, excellent infrastructure,” said the manager of Mint for public relations, Goran Madzarevic.
On 300 hectares, there is a completely infrastructurally equipped land, from electricity, gas to roads. In the largest industrial zone in the region, 35 companies are already operating, 65 plots have been sold. The construction of the bridge and the new roads that pass through the zone are starting the economic investment wheel.
“During this year, we concluded contracts with five new investors in Sabac, who bought about 15 hectares of land in the northwestern work zone in Sabac. We now have nine active negotiations with foreign and domestic investors interested in buying 36 hectares,” said the member of the city council for economy, Zivan Bajic.
The land in the zone is owned by the city and is not parceled out, which gives investors the opportunity to choose the size and appearance of the plot according to their needs, at a price of seven euros per square meter.
The entire industrial region along the river is in a free zone regime. The benefits of doing business in five locations are already used by 10 companies.
“The companies operated positively, the investment was 50 million euros last year, 625 new jobs, the corona did not affect their production and they had a surplus of 145% of exports in relation to imports,” says the director of “Free Zone Sabac” Vlada Trifunovic.
60 trucks pass through the newly built roads between Sabac factories every day. With the completion of the main road flows, they are ready, they say, for the flow of millions of loads along the right bank of the Sava, B92 reports.

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