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

  • Loan helping fund Slovenian highway project
    June 18, 2015
    The European Investment Bank (EIB) is providing a loan worth €145 million that will help fund a key highway project in Slovenia. The loan is being given to the Slovenian state highway company DARS for the project to construct a 13km section of the Drazenci to Gruskovje highway. The total cost of the project is €303.4 million. The remainder of the financing required is being provided jointly by the EU and Slovenia itself. Construction work on the project is due to commence in 2015 and continue until mid-2018
    Read More
  • Italy’s Messina Strait bridge design approved
    February 21, 2024
    The design has been approved for Italy’s Messina Strait bridge mega project.
    Read More
  • Albanian PM promises new road infrastructure project cash
    September 11, 2012
    Albanian primeminister, Sali Berisha, has promised that his government will keep up its investment in road infrastructure projects, due to their importance to the economy. The PM was speaking at the launch of two new road sections, between Uzina e Autotraktoreve and Lanabregas, and the Bridge of Surrelit to Farka. Both of the sections were built using funding from the EBRD and the EIB, with some funding also being provided by the Albanian government.
    Read More
  • Increased infrastructure spending
    February 22, 2012
    With economies booming in the BRIC countries and other regions, spending on infrastructure is at a high - Patrick Smith reports As economic crisis grips much of the world, many countries are still spending billions on infrastructure to improve transportation. While the USA and Europe struggle with debt problems (and this has affected much of the rest of the world) the development of highways, airport, ports and other infrastructure is gathering pace in other regions to boost economic developments.
    Read More

Highlighted Content