State Secretary for Regional Development at the Ministry of Economy and Regional Development Dragijana Radonjic-Petrovic and Mayor of Paracin Sasa Paunovic signed a contract on construction of roads inside the industrial zone Zmic in Paracin.

The signing of the contract in the municipality of Paracin was also attended the Deputy Prime Minister and Minister of Economy and Regional Development Dinkic.

The total contract value amounts to RSD 17.2 million, of which RSD 11.3 million was secured by the Ministry.

Dinkic said after the signing that this industrial zone is one of the best in the Morava River basin.

A total of RSD 38 million has so far been invested in this zone from the national budget, said the Minister and expressed the hope that, apart from domestic companies, it will also attract foreign investors.

Paunovic said that so far more than 100 million has been invested in infrastructure of industrial zone of Zmic, adding that road company Putevi Srbije financed a connecting road for Zmic with about RSD 35 million.

The industrial zone of Zmic is close to Corridor 10, between Paracin and Cuprija.

The land in the zone, which can be rented for a period of 80 years, is intended for industrial production, retail, catering, craft and other service industries.