April 15 (SeeNews) - Privately-owned CEFC China Energy Company and China Balkan Investment (CBI) are exploring the opportunities for investment in infrastructure projects in Serbia, the government in Belgrade said.
CEFC China Energy Company has a long-term strategic interest in the Serbian market in the field of transport and energy infrastructure, as well as in the future development of business activities in the region, the government said in a press release issued after a meeting between construction, transport and infrastructure minister Zorana Mihajlovic and officials of the two companies.
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She pointed to the Nis-Merdare-Pristina motorway project and small airport development projects as areas that hold potential for economic cooperation.
Also on Thursday the two companies opened a joint representative office in Belgrade, a video posted on the website of news agency Tanjug showed.
Last week Serbia's government adopted a draft framework agreement on the sale of the struggling state owned troubled steel mill Zelezara Smederevo to China's Hebei Iron and Steel. The investor has given a binding offer to buy all 98 property units for a total of 46 million euro ($52.2 million), the government said in a statement. China's second-biggest steel producer is set to invest a total of $300 million in fixed capital and infrastructure within an unspecified timeframe.
($=0.8863 euro)