Serbian president expects more Turkish investments

Serbian president expects more Turkish investments

Aleksandar Vucic says he expects Turkish President Recep Tayyip Erdogan to attend opening ceremony for highway construction project

By Talha Ozturk

BELGRADE, Serbia (AA) - Serbia's president said Monday that he expects more Turkish investments in the country following the completion of road construction projects.

Aleksandar Vucic made the remarks as he and Turkish Ambassador to Serbia Hami Aksoy visited the Novi Pazar-Tutin Highway construction site, where reconstruction work is being carried out by Turkish civil engineering company Tasyapı.

Vucic said reconstruction of the highway will be completed in June 2022 and he is expecting Turkish President Recep Tayyip Erdogan to attend the opening ceremony for the project.

"As roads get better through construction projects by Turkish companies, investments by Turkish companies in the region will increase,'' he said.

Aksoy meanwhile said that last week, a Turkish company won a tender to build the 60-kilometer (37-mile) Sjenica-Ivanica road, which is a sign that Turkey attaches great importance to the region.

"This road will increase Turkish investments coming to the region," he said.

Turkey's Tasyapi signed a $27 million contract for the reconstruction of the Novi Pazar-Tutin Highway connecting two southern cities in the Balkan state.

Novi Pazar is the largest city in Serbia’s Sandzak region and was established between 1459-1461 by Ishakoglu Isa Bey, the founder of Bosnia's capital Sarajevo and North Macedonia’s capital Skopje.

Turkey attaches great importance to the Sandzak region, as it plays a role in bridging relations between the two countries and keeps cultural ties at their strongest.

The road to Tutin is about 22.5 kilometers (14 miles) long and serves more than 150,000 people.

Tutin is also the first municipality in Serbia that has renewable wind power.

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