National Assembly of the Republic of Serbia / Activities / Activity details

21 July 2023 The members of the PFG with China visit Sabac and Loznica
Friday, 21 July 2023
PFG with China Visits Sabac and Loznica
As part of its regular activities - touring Chinese investments in Serbia, the PFG with China visited Sabac and Loznica today and toured the MINTH factory, which operates in both cities.
Mayor Aleksandar Pajic and MP Zivan Bajic welcomed the members of the PFG with China to Sabac, informing them in detail about all the activities of the city administration aimed at attracting as many investors as possible to Sabac.
MP Zivan Bajic stressed that the Chinese MINTH factory is definitely the biggest direct foreign investment in Sabac. With the arrival of the factory in Sabac, the state has shown that it cares about the even development of the country, as evidenced by the large infrastructure projects that are being implemented, first of all, the construction of a new bridge on the Sava, construction of the Ruma-Sabac highway and Sabac-Loznica expressway, which aim to attract even more investors to this city. He also stressed that Sabac has become the most interesting work zone in Serbia with 600 ha of industrial zone and over 20 new investments. Mayor Aleksandar Pajic then spoke about the capital projects in the city, as well as the accelerated development in the previous two years, with special reference to the efforts of the city administration to increase the revenue side of the budget, as well as to make maximum use of the city's industrial development potential.
PFG Head Marina Ragus spoke on behalf of the PFG with China, recalling the great friendship of the two peoples and the development of overall relations between the two countries, with a particular focus on the significant economic cooperation between Serbia and China, with its potential to bring numerous benefits to our country in the future.
After talking with the leaders of the City of Sabac, the members of the PFG with China visited the MINTH factory in the city, where the management introduced them to the production process and the operation of the car parts factory. After the tour, the PFG members were greeted by the Director of the factory, Jin Mao, who said that this visit is an additional encouragement for the MINTH Sabac factory to continue with quality work and development of the company. On the factory premises, the PFG members got acquainted with the company's product range and manner of operation, as well as with plans for future development.
After the visit to Sabac, the members of the PFG also visited Loznica, where they first met with the President of the City Assembly, Milena Manojlovic Knezevic, and had the opportunity to watch video material about the most important projects implemented in Loznica, whose City Administration carries the epithet of social responsibility leaders. She introduced the PFG with China to the indicators of local self-governance growth, greatly aided by the arrival of the MINTH factory in Loznica, as well as large infrastructure projects that will make Loznica, as well as Sabac, an attractive place for business. MP from Loznica Dragana Lukic also greeted the colleagues.
The members of the PFG with China visited the MINTH factory in Loznica as well, after which they talked with the factory's management. They were addressed by the Director of the factory Wang Yi who presented the work of the factory, its products and plans for the next period. The Head of the PFG with China Marina Ragus thanked the MINTH company and once again underlined the importance of Chinese investments for the development of the Serbian economy. She also thanked the representatives of the Embassy of the People’s Republic of China in Serbia, who attended today's visits to the MINTH factories in Sabac and Loznica.