Requests for the first construction permits submitted - Construction of New Nis by the end of 2015?

("New Nis") American ambassador in Belgrade, Michael Kirby,said in Nis that requests for the first construction permits for locationBubanjski heroji were delivered on Tuesday, October 6, 2015 and that he was informedthat construction of "Novi Nis" couldstart by the end of the year.

- I know that in Serbia it is very complicated to get a constructionpermit, I spoke to Phillip Bay, owner of Clean Earth Capital and was informed that there were various obstaclesin the previous period - Kirby said.

So far, expropriation of five hectares have been completed, the mayorof Nis mentioned and asked if at the time of the contract signing it wasrealistic if it was known that value of the land exceeds amount of a one-yearcity budget.

Representatives of American Clean Earth Capital and the city of Nissigned the contract on sale of land at the Bubanj heroji location in lateJanuary 2012.

Owner of American company, Phillip Bay, then announced arrival of “theAmerican university with recognizable name” which basically have engineeringstudies and within the facility, construction of a shopping mall, center forartists and a hotel which will be at disposal for top sportsmen is planned.