Serbian model of free zones represented in Dubai

The model of business of Serbian free zone was presented at the investmentconference in Dubai held in the organization of the Ministry of Economy UAE andAIM.

Upon organizer’s invitation, the head of Free zone "Pirot”, DraganKostic, spoke about the model and said for Tanjug that more than 400 delegatesworldwide took part in conference.

- Apart from advantages in business in free zones in Serbia, I was alsospeaking about advantages of the Contract of free trade which Serbia has withRussia. During the conference, I met with the head of the World association offree zones, Samir Hamrouni, and I visited one of the best free zones in theworld - DAFZ in Dubai – he said.

Kostic said they agreed on the visit of reps of FDI magazine specialized in directforeign investments and which operates within Financial Times, to Nis andPirot.

(Dragan Kostic)

Free zone "Pirot" is one of the most successful ones in Serbia and within it, world tyre giant, Michellin, implemented its investment of over EUR 220 m.

Kostić met also diplomatic reps from Serbia and interested investors from the Emirates with whom he discussed the options for investing.

They were encountered with potentials and potential strategic partnership with "Tigar" A.D, as well as the options for investments in agricultural programs in Stara and Suva planina. Option for investing in farms of sheep and cows was particularity presented with specific offer of two locations which can be bought immediately and put into operation.

They agreed on the visit of larger delegation of the interested investors at the Fair of agriculture in Novi Sad when visit to Pirot and Nis will be organized.