Vesic meets with Al-Jasser: "Arab companies are welcome here, as well as Serbian in Saudi Arabia"

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Serbian Minister of Construction, Transport and Infrastructure Goran Vesic spoke today with Minister of Transport and Logistic Services of the Kingdom of Saudi Arabia Saleh bin Nasser Al-Jasser.

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Both pointed out that there is huge potential for development of cooperation between the two countries.

Vesic said he hoped that this meeting will result in concrete cooperation between Serbia and Saudi Arabia, in the field of infrastructure and transport, since according to him large projects are coming up in which Arab companies could also participate.

"We are two physically distant countries, but throughout history we have cooperated closely and I think it is time to cooperate even more closely. The very visit of Minister Al-Jasser to our country is proof that Saudi Arabia wants to cooperate with Serbia," said Vesic and further reiterated that Serbia's goal is to be the logistics hub of this part of Europe, and that companies are welcome in our country.

He also said that Serbia has signed free market agreements with numerous countries, which makes it a good investment destination for investors from the Middle East. He particularly stressed the importance of the Open Balkan initiative, which will soon allow for the launch of a single market between Serbia, North Macedonia and Albania, while it is expected that Montenegro and Bosnia and Herzegovina will join as well, which will also mean an "invitation" to investors to come to this region.

Vesic presented to Minister Al-Jasser the most important infrastructure projects that are implemented in Serbia or are expected to be implemented soon, especially when it comes to construction of high-speed roads and railways.

"We talked about how high-speed railways are built. They have 5,000 kilometers of railways, and we have 3,400 kilometers. We talked about our experience in the construction of high-speed railways and what to do in order to intensify cooperation," said Vesic.

Al-Jasser said that Saudi Arabia is very interested in improving cooperation with Serbia, regarding all types of transport.

"We had fruitful talks about bilateral relations and possibilities for deepening our cooperation in the field of air traffic, railways and logistics. We have a plan to raise our relations to a higher level," said the Saudi official, and added he hoped that a bilateral agreement in the field of air traffic will be signed soon, which would enable the two countries' national carriers to introduce direct flights between Belgrade and Riyadh.

He also invited Vesic to visit Riyadh, adding that it might be an opportunity to initial such an agreement, and certainly to present the projects being implemented in Serbia to the business community there.

(Telegraf Biznis)