Skip to main content

Serbia’s road network may benefit from major Chinese investment

Talks between the Chinese Development Bank and the Serbian Government could result in Chinese funding for Serbian highway projects. The Danube coast project and the Corridor 11 highway project have been identified. Some €400-€450 million of Chinese financing could be made available to Serbia for highway projects following the most recent series of discussions. Serbia’s Ministry for Transport is also in talks with Chinese partners for the construction of a series of highway projects.
September 27, 2012 Read time: 2 mins
Talks between the Chinese Development Bank and the Serbian Government could result in Chinese funding for Serbian highway projects. The Danube coast project and the Corridor 11 highway project have been identified. Some €400-€450 million of Chinese financing could be made available to Serbia for highway projects following the most recent series of discussions.

Serbia’s Ministry for Transport is also in talks with Chinese partners for the construction of a series of highway projects. These include 100km of the Belgrade-Cacak, Belgrade-Obrenovac, Preljina-Ljig and Lajkovac-Ljig highway projects, as well as the 100km Pojate-Preljina project. 3366 China Road and Bridge Corporation (CRBC) is the contractor showing strongest interest in the Pojate-Preljina regional highway, while a loan for the project may well come from China's Exim Bank with a repayment period of 18 years.

Serbia’s Ministry of Transport has been carrying out extensive research into the cost of highway construction in the country, with huge variations depending on topography and geology. The Serbian Ministry of Tranport has reported that the cost of construction of highways in Vojvodina county ranges from €1.5-€2.5 million/km, while in Grdelicka Klisura costs range between €10 million and €15 million/km.

Meanwhile, in the mountainous terrain between Ljig and Cacak highway construction costs around €7.5 million/km. However, the straight highway section from Obrenovac-Ljig is also costing around €7.5 million/km. Serbian contractors are building the 12km stretch of highway from Ub-Lajkovac for around €5.8 million/km.

For more information on companies in this article

Related Content

  • Tunnels and bridges, improving Argentina's major road link
    April 24, 2012
    A road improvement plus tunnel and bridge building contract in an area once inhabited by dinosaurs in northern Argentina, is a small but key part of an ambitious project to complete a road that will eventually link the Atlantic and Pacific coasts of Latin America - Adriana Potts reports. Remote, rough and spectacular are words that come to mind when describing the mountains of Ischigualasto in Argentina's northern province of San Juan This is the only place in the world where an undisturbed sequence of rock
  • CECE equipment manufacturer’s conference in Berlin looks ahead for construction market growth
    October 29, 2012
    The construction equipment market has been hit hard in Europe and further afield, with economic uncertainty slowing orders. But there is light on the horizon. A range of key industry speakers made presentations at the recent Committee for European Construction Equipment (CECE) congress in Berlin, outlining prospects for the next few years in Europe as well as around the world.
  • Tunnels and bridges, improving Argentina's major road link
    May 2, 2012
    A road improvement plus tunnel and bridge building contract in an area once inhabited by dinosaurs in northern Argentina, is a small but key part of an ambitious project to complete a road that will eventually link the Atlantic and Pacific coasts of Latin America - Adriana Potts reports. Remote, rough and spectacular are words that come to mind when describing the mountains of Ischigualasto in Argentina's northern province of San Juan This is the only place in the world where an undisturbed sequence of rock
  • US$ billions for Ivory Coast road expansion programme
    March 14, 2024
    Ivory Coast is investing US$ billions for its road expansion programme.