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Growing Interest Among Korean Companies in Investing in Serbia

Aug 26, 2026

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President of the Chamber of Commerce and Industry of Serbia (CCIS) Marko Čadež met today with a delegation from the Korean company SYChem, which specializes in the production of chemical products, particularly polymer flocculants used in wastewater treatment and various industrial processes.

Representatives of the company expressed interest in investing in Serbia, technology transfer, as well as the implementation of joint venture projects.

The President of the CCIS briefed the Korean delegation on Serbia’s investment potential, access to markets enabled by free trade agreements, as well as the institutional support provided to investors by the CCIS and the Government of Serbia through foreign investment incentive programs.

Čadež also pointed out that, according to announcements by the Ministry of Environmental Protection, 20 new wastewater treatment plants are expected to be built by 2030. Such projects, he noted, create additional opportunities for investment, technology transfer and international cooperation.

SYChem CEO Dae Kap Byun said that he expects the visit to Serbia to contribute to defining new forms of cooperation and opening up concrete opportunities for future projects.

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