Promising projects for Serbia
Serbia is a country with high investment potential that has signed important economic developments such as free trade agreements with EFTA and CEFTA, preferential trade regime with the European Union, Generalized System of Preferences with the United States and individual free trade agreements with Russia, Belarus, Kazakhstan and Turkey to date.
Also, we see that there is a heavy import traffic on Serbia. When the data are examined, Germany, China, Italy, Russia and Turkey are among the countries that import the most Decently. It imports the most machinery, plastic materials, electrical materials, iron and steel and products from Turkey.
There are a lot of iron and steel exports and imports between Serbia and our country. Dec. For this reason, the contribution shares of Turkish investors in the construction sector are high. We observe that Turkish Construction companies doing intensive construction subcontracting works in Serbia are also evaluating opportunities due to this aspect of Serbia and have signed major projects and investments, especially in the construction sector.
An important step was taken in the field of investment on behalf of the country in 2018 and it was acquired by the Chinese Zijin Mining and extracted by Zijin Bor Copper, very important copper mining company, to become the 23rd largest copper mining company in the world. the largest in Europe is 3. it has become a major copper producer. Thanks to this, a significant amount of gold extraction has been developed around Majdanpek.
Setup Construction has signed the first and largest construction project to be carried out in the construction area from Turkey to Belgrade, the capital of Serbia. We see that the company's new project Sky Garden with 754 residential buildings is rising in Belgrade with an investment value of 155 million euros.
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