Koridori Srbije signs Corridor 11 motorway deal with Shandong HSG

Serbian Minister of Infrastructure, Velimir Ilic, and the director of the roads company Koridori Srbije, Dmitar Durovic, say they have signed a contract agreement with the Chinese company Shandong High Speed Group, for construction of the Corridor 11 motorway, worth a total of €257.23 million (US$ 334mn). The contract has been signed by Zhu Wei, deputy director of the Chinese company, for construction of the Ljig-Preljina part of 50km. Meanwhile, a new tender is due to be called soon for construction of the
May 16, 2013 Read time: 1 min
Serbian Minister of Infrastructure, Velimir Ilic, and the director of the roads company 3235 Koridori Srbije, Dmitar Durovic, say they have signed a contract agreement with the Chinese company Shandong High Speed Group, for construction of the Corridor 11 motorway, worth a total of €257.23 million (US$ 334mn).

The contract has been signed by Zhu Wei, deputy director of the Chinese company, for construction of the Ljig-Preljina part of 50km.

Meanwhile, a new tender is due to be called soon for construction of the Ljig-Preljina part on Corridor 11, and the Belgrade-Obrenovac part, worth some €600 million (US$779.07mn). The workforce for the project is expected to increase from 4,000 to 10,000.

For more information on companies in this article

Related Content

  • Serbia’s highway construction programme is on track
    December 4, 2014
    Serbia is on schedule with its construction programme for highways and roads. The country looks set to have completed 64km of highways and 15km of parallel or link roads during 2014. This figure compares favourably with the average 50km/year construction rate across most European countries currently building highways. Meanwhile Serbian road company Koridori Srbije looks set to merge with the road company Putevi Srbije. Koridori Srbije has already built 51km of highways during 2014. The remainder should be c
    Read More
  • New highway connections planned for Serbia
    September 6, 2012
    The authorities in Serbia are pushing ahead with plans for the Corridor 10 and Corridor 11 highways. Serbia's national state owned highway company, Koridori Srbije, has awarded the contract for advisory services for the €1.9 billion Corridor 10 project to French company Egis International. Under the terms of the deal Egis will provide support for construction of 83.4km of the E-80 highway between the City of Nis and the Bulgarian border at Dimitrovgrad.
    Read More
  • New Serbia highways on track for completion
    August 12, 2015
    Serbia’s Obrenovac-Preljina highway is due to be completed by 2017. Serbia’s Ministry of Construction says that the Obrenovac-Preljina and Ljig-Preljina routes are being financed with the aid of a €274.5 million loan from China's Exim Bank, worth a total of USD 301mn (EUR 274.48mn), while the state budget secured a total of €30.1 million. Meanwhile, €300 million of funding has been secured from Azerbaijan for construction of the Ljig-Preljina route. Corridor 11, between Obrenovac and Preljina will be 105km
    Read More
  • Serbia speeding spending on roads
    May 21, 2014
    Serbia is planning to speed construction of its highway network. A key project being prioritised is the Corridor 10 motorway, which is due for completion by September 2016. Another priority project is for Corridor 11 and for several regional road routes. At present the Corridor 10 sections between Sid and Belgrade, and Subotica and Belgrade have been built, while work on the 22km Ipsilon stretch between Subotica and Kelebija is underway. Work is also underway on the 96km south node from Grabovnica to Presev
    Read More

Highlighted Content