Setting a cornerstone for 'Shandong Linglong Tyre' company in the northern town of Zrenjanin writes the history of this town, the region of Banat and Serbia as a whole, President Aleksandar Vucic said on Saturday.
“This is a great day. This is what you live for, what you work for,” Vucic said in Zrenjanin, adding that this was the biggest investment in the north of the country.
He announced two more investments in the town of Zrenjanin, which would provide employment for some 400 people.
The President called on representatives of the Chinese investor, which produces tyres for the German Volkswagen, to say “a nice word or two about Serbia” to that company too.
'Shandong Linglong Tyre' General Manager Wang Feng assessed that this project would encourage the exploration of the European market and strengthen the influence of Chinese products across the world.
Serbia is the first country in this part of Europe which established a strategic partnership with China, he stressed, adding that the company expects a profit of some $600 million.