Chinese SINO-RS interested in forming investment fund for financing of projects in Serbia

The chairman of the Chinese company SINO-RS, Jin Frank Li, presented the idea of the formation of an investment fund for the financing of projects in Serbia in the fields of transport, energy, telecommunications and agriculture, as well as in civil engineering, in Belgrade today.

The projects would be realized with the support of the Shanghai Stock Exchange, he said in a conversation with the members of the National Council for the Coordination of Cooperation with Russia and China.

The meeting was attended by the president of the council, Tomislav Nikolic, and members: Minister of Construction, Transport and Infrastructure Zorana Mihajlovic, Minister of Trade, Tourism and Telecommunications Rasim Ljajic, Minister of Mining and Energy Aleksandar Antic and representatives of the ministries of finance and agriculture.

Jin Frank Li pointed out that Serbia was a friendly country to China and one of the more important states for the realization of the global Chinese initiative One Belt, One Road, the National Council announced.

It was pointed out that the president and the members of the National Council welcomed the idea of the realization of projects with China trough public-private partnerships, and not through the usual credits, in principle.

It was agreed that the realization of projects in Serbia in cooperation with Chinese partners though the Investment Fund needed to take into account the legal framework in Serbia and that the support of the state was very important for the realization of such projects.

Ministarstvo građevinarstva, saobraćaja i infrastrukture Republike Srbije

Ministarstvo turizma i omladine Republike Srbije

Ministarstvo rudarstva i energetike Republike Srbije

Ministarstvo finansija Republike Srbije

Ministarstvo poljoprivrede, šumarstva i vodoprivrede Republike Srbije

National Council for the Coordination of Cooperation with Russia and China

SINO RS

Jin Frank Li

Shanghai Stock Exchange

Tomislav Nikolic

Zorana Mihajlovic

Rasim Ljajic

Aleksandar Antic

One Belt One Road

Chinese investment fund for financing projects in Serbia

financing infrastructural projects

public private partnership

PPP