Serbian link open

The new ringroad around Novi Sad in Serbia is now open to traffic.
March 1, 2012 Read time: 1 min
The new ringroad around Novi Sad in Serbia is now open to traffic. The 8.5km link forms part of the E75 Novi Sad-Belgrade highway. Construction is estimated to have cost some €102 million and included rebuilding the Beska Bridge. Funding was provided by the 1054 European Investment Bank (EIB). In all some €207 million has been spent in the 2006-2010 rebuilding 2,000 roads in Serbia.

For more information on companies in this article

Related Content

  • Albanian road investment
    May 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing major funding in Albania’s road network. A loan worth €53 million will help pay for the construction of the new Fier and Vlore bypasses. This loan will aid further development of the Albanian road network and boosting economic integration in the country by co-financing the construction of the two bypass roads, located in south-western Albania. The EBRD loan is structured in two tranches and will be used by the Albanian Road Authority t
    Read More
  • Serbia highway deals being planned
    February 8, 2017
    Plans are in hand in Serbia to build new highway links, including routes joining with neighbouring Montenegro. One of the key projects in focus in Serbia itself is the route joining Novi Sad with Zrenjanin, while another is for the route between Zrenjanin and Borca. Road maintenance works are also being planned. Meanwhile discussions have been held between Serbia and Montenegro over new highway connections to link the two countries. The aim is to build a new highway that will run from Belgrade, through Podg
    Read More
  • Armenia’s new road link to Iran and Georgia
    November 11, 2013
    A new road link for Armenia will help improve the country’s connections to its neighbours and provide a through-route for transport. Around US$967 million will be required to build the North-South motor road, with the work set to commence in 2014. The Armenian Government will contribute $100 million while funding will also be provided by the Asian Development Bank (ADB) and the European Investment Bank (EIB). Once the road is complete it will run through Armenia from the country’s borders with Iran and Geor
    Read More
  • Support for Poland’s A1
    July 6, 2012
    The European Investment Bank (EIB) has in total granted a long-term facility of €1.070 billion for the construction of the second phase of the A1 motorway forming part of the priority trans-European transport network connecting the north of Poland (Gdansk) with the Austrian capital Vienna, via the Czech and Slovak Republics. The loan will finance the construction of a 62km section of the A1 motorway between Nowe Marzy and Torun on the basis of a design, build, finance and operate (DBFO) concession. This con
    Read More

Highlighted Content