The Serbia-China “Mihajlopin” Industrial Park is the first national-level industrial park project jointly invested and developed by China and Serbia. In November 2015, witnessed by then Premier Li Keqiang and Serbian Prime Minister Vucic, China Road and Bridge Corporation and the Serbian government signed a memorandum of understanding on the Serbia-China Industrial Park. The Serbia-China Industrial Park is located in the northwest of Belgrade, Serbia, on the north bank of the Danube River, covering an area of ​​320 hectares with a total investment of 216 million euros and will be developed in three phases. As a key project of China-Serbia capacity cooperation and also listed as a national key project by Serbia, the industrial park will strive to build a new generation of high-tech industrial base and a new urban area integrating industry and city in Serbia. The project is divided into ICT technology park, photovoltaic manufacturing base, transportation equipment intelligent manufacturing base, biopharmaceutical manufacturing base, international maker space, commercial service industry supporting facilities, etc.  through primary development (road, water supply and drainage, power supply, gas supply, heating, communication and site leveling “seven connections and one leveling”) and secondary development (factory storage, supporting offices, management buildings, apartments and supporting businesses, etc.). Based on local resources and market research in Serbia, communications and IT, intelligent manufacturing, new energy, biomedicine and modern logistics industries are taken as core industries.

The project will introduce various types of enterprises mainly with Chinese capital which will carry out processing and manufacturing, scientific and technological research and development, and commercial development, help Chinese companies further expand to EU and Central and Eastern European markets, break trade barriers, and also help Serbia promote industrial transformation and upgrading, create employment opportunities, and cultivate high-quality talents.

After the completion of the project, the total industrial output value can reach 5 billion euros, driving 20,000 jobs, and building a “talent city” with diversified industrial districts.

The industrial park project has many investment advantages, such as superior geographical location, convenient transportation, convenient business exchanges, sound investment protection, multi-country free trade agreements, extremely cost-effective labor and production costs, various investment preferential policies, and one-stop approval and services.