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The Government of the Republic of Serbia

In the service of citizens

Cooperation with Saudi Arabia in field of infrastructure, transport

Belgrade, 30 May 2023

Minister of Construction, Transport and Infrastructure Goran Vesic and Minister of Transport and Logistic Services of the Kingdom of Saudi Arabia Saleh bin Nasser Al-Jasser assessed, during today's meeting, that there is enormous potential for the development of cooperation between the two countries in the field of infrastructure and transport.

Vesic also pointed out that Serbia's goal is to be the logistics centre of this part of Europe, and that all companies are welcome in our country.

He also pointed out that Serbia has signed free market agreements with numerous countries, which makes it a good investment destination for investors from the Middle East.

The Minister particularly emphasised the importance of the Open Balkans initiative, within which a single market between Serbia, North Macedonia and Albania will soon function, in the expectation that Montenegro and Bosnia and Ḫerzegovina will join it, which will also mean an invitation to investors to invest in this region.

He presented to Minister Al-Jasser the most important infrastructure projects that are being implemented in Serbia, or whose implementation is expected soon, primarily related to the construction of expressways and railways.

Al-Jasser pointed out that Saudi Arabia is very interested in improving cooperation with Serbia, in the field of all types of transport.

We had fruitful discussions about bilateral relations and opportunities for deepening our cooperation in the field of aviation, railways and logistics. We have a plan to take our relations to a higher level, Al-Jasser said.

He expressed the hope that a bilateral agreement in the field of aviation will be signed soon, which would enable direct flights of the national airlines of the two countries between Belgrade and Riyadh.