Serbia invests in roads and bridges

Serbia should invest €1.5 billion a year over the next 20 years in order to finish all capital projects, which include road and railway Corridor 10, Corridor 11, the Danube (water) Corridor 7 and bridges in Novi Sad and Belgrade. Investments of €22 billion in infrastructure are planned in the next 17 years.
May 14, 2012 Read time: 1 min
Serbia should invest €1.5 billion a year over the next 20 years in order to finish all capital projects, which include road and railway Corridor 10, Corridor 11, the Danube (water) Corridor 7 and bridges in Novi Sad and Belgrade. Investments of €22 billion in infrastructure are planned in the next 17 years.

Related Content

  • Plans for Serbia-Kosovo highway
    March 10, 2016
    Plans are moving forward for a new highway that will link Kosovo’s capital Pristina with Belgrade, the capital of neighbouring Serbia. The project is of importance as it reveals the continued improvement in diplomatic relations between Serbia and Kosovo. Serbia’s Ministry of Construction says that work on the route will commence in the first half 2017. The financing model for the project has yet to be established. Talks are being held with European partners. The cost of the project has not yet been revealed
    Read More
  • Increased mobility for Mexico
    June 14, 2012
    Urban mobility is high on the infrastructure agenda in Mexico. Business News Americas spoke with Salvador Herrera, executive director of the Centre for Sustainable Transport (CTS), about the elements of a sustainable transport system and Mexico City's addiction to the car At the heart of Mexico City's transport policy is a contradiction that is typical of the country as a whole. The government is spending big on Line 12 of the metro system and has introduced the first Metrobús bus rapid transit (BRT) l
    Read More
  • Major road investment planned in Zambia
    September 26, 2012
    A huge investment is planned in a series of road projects in Zambia. The country’s government intends to spend close to US$5.6 billion over the next five years on road construction. Because Zambia has an extensive copper mining industry the country has benefited heavily from strong demand for the metal, particularly from China. As a result it now has the financial resources to help improve the road network. The Zambian Government has also committed itself to building 2,300km of roads and spending $1.56 bill
    Read More
  • Bankia and FCC sell Globalvia to OPTrust, USS and PGGM
    October 27, 2015
    Investment bank Bankia and Spanish construction firm FCC have sold their 50-50 joint venture infrastructure management firm Globalvia to three pension funds for €420 million. Madrid-based Bankia and FCC -- Fomento de Construcciones y Contratas, based in Barcelona -- said their decision to sell their holdings was part of their plans to divest non-strategic businesses. Globalvia manages public-private partnerships, of which 90% are in Spain. Purchasers are UK-based USS, OPTrust in Canada and Netherlands-ba
    Read More

Highlighted Content