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The Government of the Republic of Serbia

In the service of citizens

Shandong Linglong most important investment in Vojvodina

Zrenjanin, 30 March 2019

President Aleksandar Vucic said today at a ceremony of laying the foundation stone for the tire factory "Shandong Linglong" in Zrenjanin that this is the largest investment in Vojvodina worth more than €800 million and that the whole Serbia will have huge profits from that factory.

The Serbian President laid a cornerstone with the representatives of the Shandong Linglong factory, which marked the beginning of the construction of the factory.

I am extremely proud that we will open this factory in Zrenjanin and Banat and create 1,200 new jobs, but will be able to spend more money on the road network, theatres, promenades and other infrastructure.

But it also means higher salaries and pensions, Vucic said pointing out to the huge benefit for the whole of Serbia from Linglong.

We will completely connect the central Banat and Novi Sad and with Belgrade, Pancevo and Vrsac and Zrenjanin will be on every road and rail map, he said.

This will ease the arrival of new investors in Zrenjanin, if there are still unemployed people in that city, said Vucic.

Our Chinese brothers, thank you for everything you did for Serbia, this is a great day, I am so honoured and proud, Vucic said.

The Chinese Shangdong Linglong factory, which will invest more than €800 million, will employ 1,200 workers and produce 13 million tires a year.

The factory will be the largest in Serbia so far, with an area of 500,000 square metres, and its construction in Zrenjanin is an indicator of the excellent relations between Serbia and China and a favourable business environment in our country.

Minister of Economy Goran Knezevic, Minister of Finance Sinisa Mali, Deputy Prime Minister and Minister of Tourism, Trade and Telecommunications Rasim Ljajic, President of the Serbian Chamber of Commerce Marko Cadez, Ambassador of China Chen Bo, members of the Provincial Government, representatives of the government and representatives of the City of Zrenjanin and the complete management of the company Shandong Linglong attended the ceremony.