Turkish textile companies may set up factories in Serbia

Trade minister of Serbia Rasim Ljajic informed about the country's new model of establishing industrial halls through an official statement.

Ljajic had said earlier that two Turkish textile companies are interested in investing in Serbia owing to the favourable business climate of the country. Potential investors from Turkey have also visited the production facilities in some of the towns of the country.

Serbia exported goods worth $258.4 million to Turkey in 2016 and its imports from Turkey rose by 18.1 per cent, according to the statistical office of Serbia. (KD)

ALCHEMPro News Desk – India