7 September 2019

Serbia is stable and ready for new investments

On day one of his visit to China and CIFIT 2019, President of the National Council for Coordination of Cooperation with the Russian Federation and the People’s Republic of China Tomislav Nikolić talked to representatives of China New City Commercial Development Co. Ltd from the Province of Anhui, whose business activity involves commercial real-estate construction, sales and management.

Photograph: National Council

Council President Nikolić stressed that Serbia and China had signed the Comprehensive Strategic Partnership Agreement, and that the cooperation initially started with the realization of infrastructural projects, to later expand to all areas of cooperation. “I sincerely hope that the meetings of Chinese and Serbian entrepreneurs and officials during CIFIT 2019 will help to promote the relations between Chinese provinces and Serbia and the overall relations between our two countries. Serbia was assessed as stable investment-wise, and everyone who wishes to invest in Serbia is welcome”, Mr. Nikolić said.

In the meeting, representatives of China New City Commercial Development Co. Ltd expressed an interest in housing development in Serbia, especially in Belgrade and in the Danube region. The company representatives underlined that their company was very influential in China and among Chinese entrepreneurs, adding that even though they had headquarters in Germany, they wished to expand their European operations.

“The foreign investors’ experience with housing development in Serbia is highly positive, since the opportunities for the construction of residential and commercial complexes are good”, Head of the Property Directorate of the Republic of Serbia Mr. Jovan Vorkapić highlighted.