March 13 (SeeNews) - Belgium-headquartered real estate developer VGP has begun the construction of an industrial park in Dobanovci, central Serbia, Serbian president Aleksandar Vucic said on Monday.
"I am sure that this year we will attract foreign direct investments exceeding 4 billion euro ($4.3 billion), and I believe that such logistics centres will have a special importance," Vucic said in a press release.
“It is very important that VGP has come to Serbia. They are also welcome in other cities, in Nis and Leskovac, and we are ready to help. Your focus on the development of renewable resources is particularly important to us. I am asking you to visit the south of the country,” added Vucic.
The industrial facility, VGP Park Belgrade, will span 1.14 million square metres and is positioned close to two motorways, the Belgrade ring road and the city's airport.
VGP also plans to begin the construction of a warehouse in Nis by the end of 2023, local media reported in January.
VGP owns, runs and develops logistics and semi-industrial real estate, operating across 19 European countries. It recorded a net profit of 650 million euro in 2021, according to data published on the company's website.
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