Prica & Partners has advised the Government of Serbia on the China Road Bridge Corporation's agreement to construct an industrial park in the northwest part of Belgrade along the Danube River.
According to Prica & Partners, "CRBC will invest EUR 220 million in the construction of the industrial park, while the total investment of the companies that will set up facilities on its territory will amount to about EUR 2 billion. The project will spread over an area of 320 hectares and will include an industrial park, an international commercial center, and a high-tech park. It is estimated that over 3,000 enterprises engaged in trade, industry, hi-tech, supporting service, and other fields will be attracted to the park. Implementation of this project require significant changes in the current legislation which we had to identify as well as to clearly define the manner of future legislative changes."
