Cadez: Almost 85 pct of new factories opened along Corridor 10

Investing in infrastructure is the basic precondition for opening factories and job creation and nearly 85 pct of foreign investments in Serbia over the past five years have been launched along new motorways and the Corridor 10 route, says Chamber of Commerce and Industry of Serbia (PKS) President Marko Cadez.

19 Avgust 2019 12:48

BELGRADE - Investing in infrastructure is the basic precondition for opening factories and job creation and nearly 85 pct of foreign investments in Serbia over the past five years have been launched along new motorways and the Corridor 10 route, says Chamber of Commerce and Industry of Serbia (PKS) President Marko Cadez.

"If you do not have developed infrastructure, you do not have an economy either. Investments in infrastructure motivate foreign investors to open factories, and not just that, because we need logistics for any kind of production," Cadez told Pink TV after Serbia's Milos the Great motorway was opened to traffic on Sunday.

Major investments located along motorway routes are worth dozens of billions of euros and employ a hundred thousand people - that is why infrastructure is important, Cadez said.

"The economy is well dependent on good infrastructure," he said.

Photo: Tanjug/S.Radovanovic, file


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