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Serbia eyes 8 bln euro of fresh Chinese investment - infrastructure min

Author Radomir Ralev
Serbia eyes 8 bln euro of fresh Chinese investment - infrastructure min Source: Serbian Infrastructure Ministry

BELGRADE (Serbia), June 14 (SeeNews) – Serbia aims to launch with China joint investment projects with a total value of 8 billion euro ($9 billion), infrastructure minister Zorana Mihajlovic said on Friday.

Serbia is currently implementing projects worth 7 billion euro in cooperation with China and wishes to expand their value further, Mihajlovic said, according to a statement by the infrastructure ministry.

In April, Serbia's government signed a Memorandum of Understanding (MoU) with China for the establishment of a joint investment cooperation working group. The working group will aim to advance economic cooperation between Serbia and China and support the launch of joint projects in third markets, Mihajlovic said back then.

($ = 0.8865 euro)

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