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Serbia invites Chinese investments in infrastructure, energy

Author Radomir Ralev
Serbia invites Chinese investments in infrastructure, energy Source: Serbian Government

BELGRADE (Serbia), April 13 (SeeNews) - Serbia's finance minister Dusan Vujovic has invited Chinese companies to participate in infrastructure projects in the country, as Belgrade remains committed to the One Belt - One Road initiative. 

Serbia wishes to complete the infrastructure projects started under the initiative, in order to make its economy more competitive and increase exports to Western Europe, Vujovic said in a statement on Thursday. 

In addition to projects for the development of road and railway infrastructure, Serbia also offers business opportunities in the field of environment protection and energy, Vujovic said during the "Macroeconomic and fiscal framework for successful implementation of the initiative One Belt – One Road" conference in Beijing, China, according to the statement.

Vujovic highlighted the importance of efficient use of resources as well as the effectiveness in achieving the desired economic development goals.

The event, opened by the governor of the National Bank of China, Ji Gang, defined the key challenges before the successful implementation of the One Belt - One Road initiative, which will contribute to accelerating transport, generating cost savings and creating conditions for new private investments in Europe, the statement reads.