Free zone in Vranje to expand for new investors

Source: Jugmedia Sunday, 11.10.2015. 22:24
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At the meeting of the city council in Vranje, approval was provided for expansion of Free zone since Chinese textile company, Weibo Group will invest in that city, the mayor of Vranje, Zoran Antic announced.

Memorandum of understanding was signed on it between the company and the Government of Serbia and local self-governance will take all necessary steps which should end by November 27.

According to the mayor, this leading textile industry-oriented company needs production department on 100.000 m2, with an option for expansion of 24.000 m2 where 6.000 employees would be hired.

- It is a huge project where both the government and local self-government participate and business operations of this renowned world company in the Free zone regime will provide a strong impulse for sustainability and further development – Antic said.

Companies:
Grad Vranje Grad Vranje
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