Industrial zone Sepak – second stage

The first stage of the infrastructure development of the future industrial zone "Sepak" is to be soon completed, at the same time, preparations for the onset of second stage works are to be finalized-the works shall start in forthcoming days, was announced by the Mayor Vidoje Petrovic during his visit to the construction site with Dejan Jovanovic, state secretary for regional development.
            - The first stage covered somewhat more than 18 hectares that will be fully infrastructure improved. In the following fifteen days we shall resume implementation of the second stage  that will target another 22 hectares, so that by its completion, above 40 hectares,  which amount to about one half of the future industrial zone compounds, will be fully prepared for the arrival of first investors " said the Mayor Petrovic.
            According to Mayor, the establishment of the industrial zone "Sepak" is of strategic importance for Loznica and presents the most significant project which is compared by numerous economists to the importance of the former construction of "Viskoza"".
            Dejan Jovanovic, state secretary for regional development, says that at this moment 4,4 billions of dinars are allocated for infrastructure projects in the area of regional development, targeting three types of projects : local public infrastructure, industrial zones and business incubators. He added that through regional development scheme the completion of the industrial zone "Sepak" shall be funded from National Investment Program (NIP), these funds amount to 90 millions of dinars in this year, and after that assistance will be provided for its promotion in order to attract investors.