Delays put in doubt Serbian road deals

The two construction companies in Serbia, appointed for rehabilitation of around 1,100km of motorways, may have their contracts cancelled soon, according to Serbian media. The projects estimated to be worth around €400 million, according to a report by the national news agency Tanjug. Serbian vice president, Zorana Mihajlovic reportedly said that federal government may cancel the work due to violations of deadlines. However, she did not name the companies. For the time being it is an issue between
April 19, 2016 Read time: 1 min
The two construction companies in Serbia, appointed for rehabilitation of around 1,100km of motorways, may have their contracts cancelled soon, according to Serbian media.

The projects estimated to be worth around €400 million, according to a report by the national news agency Tanjug.

Serbian vice president, Zorana Mihajlovic reportedly said that federal government may cancel the work due to violations of deadlines. However, she did not name the companies.

For the time being it is an issue between the state highways agency Putevi Srbije and the companies involved, she said.

Related Content

  • Major highway growth in Portugal
    February 14, 2012
    Twenty years ago Portugal was bottom of the European league in terms of roads and safety. A series of ambitious plans has seen the country rise to the top. Patrick Smith reports on how this was achieved
    Read More
  • Major highway growth in Portugal
    April 12, 2012
    Twenty years ago Portugal was bottom of the European league in terms of roads and safety. A series of ambitious plans has seen the country rise to the top. Patrick Smith reports on how this was achieved In Portugal, out of 3,600km of main national roads (IP+IC), some 1,500km of motorways/high-capacity routes are financed under public-private partnership (PPP) agreements. These are tolled either using shadow tolls (these are being phased out) or real tolls, and plans are in hand to make routes multi free-fl
    Read More
  • Russia seeks outside investment in road building
    November 6, 2012
    The Russian road building industry is on the verge of big changes as it bids to improve quality and speed of construction says Eugene Gerden The Russian road building industry is on the verge of big changes as the national government considers creating conditions to attract foreign companies to build roads in the country. According to a recent order of President Vladimir Putin, due to poor quality and high cost of road construction, there is a need for the development of a mechanism to attract foreign compa
    Read More
  • Learning from Russia's controversial road project
    February 9, 2012
    The International Road Federation (IRF), founded in 1948, is the only world forum advocating better and safer roads through better road design and construction bearing in mind the user. It is a unique institution that brings together members active in road infrastructure from both the private and public sectors. The IRF promotes roads that are safe, economically viable and ecologically friendly. The IRF believes that a sound road infrastructure brings prosperity, fights poverty, furthers education and gi
    Read More

Highlighted Content