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Serbia's Pirot Free Zone plans to build intermodal terminal - govt official

Author Radomir Ralev
Serbia's Pirot Free Zone plans to build intermodal terminal - govt official Free Zone Pirot; Source: Serbia's Free Zones Administration

BELGRADE (Serbia), July 18 (SeeNews) - Serbia's Free Zone Pirot is planning to build an intermodal terminal and connect it to waterways across the country, in order to facilitate the flow of cargo, a Serbian government official said on Thursday.

"The intermodal terminal may be linked to river ports in the country through the railway network, in order to take advantage of the benefits of water transport, the most efficient and cheapest means of transport when it comes to freight," Veljko Kovacevic, an advisor to the minister of infrastructure, said in a video file published by news agency Tanjug.

Representatives of the ministry, Pirot Free Zone and river ports of Prahovo, Smederevo and Pancevo held a meeting to discuss the plan, Kovacevic said.

Serbia is implementing a number of transport infrastructure project to increase its cargo transit capacity and the next step will be to develop the logistics infrastructure, in order to facilitate the exports of Serbian companies, he added.

Last year, Free Zone Pirot won the Global Free Zones of 2018 ranking for the region of Europe compiled by the fDi Intelligence magazine of the Financial Times. The free zone in Pirot, in southeastern Serbia, offers investors a set of attractive incentives to encourage job creation as they enjoy excellent connectivity for the export of goods, the fDi Intelligence magazine said.