LOGISTIC CENTER FREE ZONE PIROT ON PAN EU CORRIDOR X
LOGISTIC CENTER FREE ZONE PIROT ON PAN EU CORRIDOR X

Author(s): Dragan Kostić, Aleksandar Simonović
Subject(s): Economy, Supranational / Global Economy, Business Economy / Management, Transport / Logistics
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: free zone; Corridor X; foreign direct investment; intermodal container terminal
Summary/Abstract: Free zones become places of foreign direct investment because they offer numerous benefits and the least cost in production, transport and distribution, free from the constraints of national laws. The purpose of the development of logistics centers in free zones is to create the basic infra-structure and at the same time create the conditions for the development of other production activities in favorable business conditions, as offered by the zone regime. Logistics, with its methodology, optimizes and organizes rational movement of cargo and related activities (information and service) and enables increasing the efficiency of these flows, reducing costs and satisfying users of free zones. The Logistics Center of the Free Zone Pirot, leaning against the new Pan-European Corridor X highway, is part of a network of intermodal terminals that will connect the logistics hubs of Bulgaria and Serbia to transport goods in international traffic as efficiently as possible.

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