Chinese firms to build three motorways in Serbia covering a combined 190km

Chinese companies are to take part in a number of motorway construction projects in Serbia, according to the country’s ministry of construction and urbanism. The routes will cover a combined 190km and follow the Serbian government’s December 2012 signing of a pre-contract deal for the construction of the Lajkovac-Ljig and Obrenovac-Ub sections of the Corridor 11 motorway, worth US$333 million, with the representatives of the Chinese firm Shandong High Speed Corporation. The two parts are part of the future
January 4, 2013 Read time: 2 mins
Chinese companies are to take part in a number of motorway construction projects in Serbia, according to the country’s ministry of construction and urbanism.

The routes will cover a combined 190km and follow the Serbian government’s December 2012 signing of a pre-contract deal for the construction of the Lajkovac-Ljig and Obrenovac-Ub sections of the Corridor 11 motorway, worth US$333 million, with the representatives of the Chinese firm Shandong High Speed Corporation. The two parts are part of the future motorway between Belgrade and the Montenegrin border, and the Corridor 11 motorway which will connect Temisvar in Romania, through Belgrade and the Bar Port with the Italian town Bari.

The building of the Lajkovac-Ljig and Obrenovac-Ub Corridor 11 motorway sections will be financed from an already approved loan from China, at the interest rate of 2.5%.

Meanwhile Verica Kalanovic, Serbia's minister for regional development and local self-government, has signed a $846.39 million pre-contract deal with the Chinese Corporation for Roads and Motorways (CRBC) for the construction of the 27km Novi Sad-Ruma motorway and the 109.6km Pojate-Preljina motorway of 109.6km.

Related Content

  • Boom in Asian infrastructure investment
    April 5, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More
  • Two thirds of Corridor 10 motorway, Serbia finished
    July 3, 2013
    Serbian Minister of Transport Milutin Mrkonjic has reported that so far two thirds of construction works of the country’s Corridor 10 motorway have been completed. He said that a total of US$5.86 billion (€4.50bn) of loans have been approved for infrastructure projects, out of which $4.3 billion have not been realised, as previously stated by the Minister of Finance, Mladan Dinkic. The minister said that the Corridor 10’s most difficult build sections were between Nis and Dimitrovgrad, which has three large
    Read More
  • Work to start on key Mozambique bridge and roads project
    August 30, 2012
    Work is about to get underway on the Maputo-Catembe bridge and the nearby Bela Vista-Boane and Catembe-Ponta do Ouro roads in Maputo province, Mozambique. Cadmiel Muthemba, Mozambique minister of public works and housing, revealed the imminent start date for the project which will include a bridge spanning around 3km, while the roads will have a combined length of 209km.
    Read More
  • Serbia sets €7.12 billion transport budget
    February 2, 2024
    Serbia is setting a €7.12 billion transport budget.
    Read More

Highlighted Content