"Ocean Atlantic International" to invest 80m EUR in construction of trade centre in Novi Sad

The Board members of the City Assembly of Novi Sad adopted a significant decision at the meeting that was held at the end of the last week. That decision will enable quicker development of the city, while the citizens will get cleaner and healthier environment. Namely, construction of a modern trade center in former industrial zone, only 2 km away from the centre of Novi Sad, has been made possible by the change in the Detailed Land-utilization Plan.

The new trade centre at 39,000 square meters will be the first and the largest shopping mall in the province.

The investor is international company "Ocean Atlantic International", which will invest 80m EUR and create about 1,500 new jobs in Serbia, and it will also bring us the experience from the world’s most developed markets.

- The decision of "Ocean Atlantic International" to invest in Novi Sad is final. The Board members of the City Assembly of Novi Sad, the Mayor and all city services have recognized the importance of this investment and, thus, contributed to the completion of this part of the deal in record time, so that the beginning of construction of the trade centre is now technical matter that depends on how quickly the necessary licenses for commencement of works will be issued – said Aleksandar Zavišić, the Director General of company "Ocean Atlantic International".

He added that, according to the company’s expectations, construction of the trade centre would start before the end of year 2009.