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The government of North Macedonia at yesterday’s session adopted a Decree for adopting the Agreement for state aid concluded between the government of the Republic of North Macedonia, represented by the Directorate for Technological Industrial Development Zones and Next.e.GO Mobile SE, the independent German electric car manufacturer.

The multimillion dollar greenfield investment from Next.e.GO Mobile SE from Aachen, Germany, will produce the e.GO electric cars in TIDZ Tetovo, with 3,000- 4,000 new jobs created.

“This is the first time for the automotive industry of North Macedonia to produce a full car, and, of course, the first time to produce electric cars,” the government stated.

According to the government’s forecasts, the benefits of this investment are manifold – from opening new jobs, exporting high value-added products, transferring knowledge and technologies, mapping the country for the foreign investors in this sector, to contracts and additional work for the local companies.

The vice PM Artan Grubi on his Facebook page announced that the cornerstone will be laid on the anniversary of the Ohrid Framework Agreement, on August 13, in the TIDZ Tetovo. In the initial phase, 900 jobs will be created.