Chinese corporations signed a memorandum for a new meat production facility in Serbia
Serbian president Tomislav Nikolic signed a memorandum with the China National Machinery Industry Corporation (Sinomach) and the China Machinery Engineering Corporation (CMEC) on the opening of a meat production facility in the city of Kragujevac (central Serbia).
Serbia and China have very good bilateral relations that can be improved significantly by strengthening their economic cooperation, noted Nikolic, cited by the the president’s office.
”China has so far invested in infrastructure projects in Serbia, and I insisted on investments in production.
There are more reasons for this - besides the promotion of economic cooperation, investing in production is a reason for our Chinese friends to stay in Serbia permanently, which would not be the case with investments in infrastructure”, Nikolic added.
He pointed out that the signing of a memorandum of understanding between CMEC and Kragujevac is a big step forward in the promotion of economic cooperation between the two countries.
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