Construction of Zrenjanin Linglong plant to begin end-March

Construction of a Linglong Tyre plant in Zrenjanin, northern Serbia, recently announced by Serbian President Aleksandar Vucic, is expected to begin at the end of March, the SEEbiz portal reported.

21 Mart 2019 18:54

ZRENJANIN, March 21 (Tanjug) - Construction of a Linglong Tyre plant in Zrenjanin, northern Serbia, recently announced by Serbian President Aleksandar Vucic, is expected to begin at the end of March, the SEEbiz portal reported.
Worth close to 1 bln dollars, it will be the largest Chinese investment in Serbia to date.
Sources at the Local Economic Development department confirmed everything was ready for the investment and that construction works would involve Serbian companies.
"The unofficial date of the cornerstone-laying ceremony for the Linglong Tyre factory is March 30, investor confirmation is pending. For its part, the city has done everything that is needed to prepare for the arrival of the renowned company," department head Jovan Vukanovic was quoted as saying.

Photo: linglongtire.com image

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