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

  • Russian road deals
    February 24, 2012
    A notable partnership deal looks set to provide funding for key Russian highway projects. A memorandum of co-operation has been signed between the state-owned Russian Highways (Avtodor) and the European Bank for Reconstruction and Development (EBRD).
  • Chinese infrastructure investment
    April 25, 2012
    China's Ji'an city is investing an impressive US$11.88 billion in developing transportation during the 12th Five-Year Plan, while the Asian Development Bank (ADB) is offering a loan worth US$200 million to China's Guangxi Zhuang Autonomous Region.
  • Delays on Slovakian projects
    July 9, 2012
    Work on several new highways being built in Slovakia as public-private partnerships (PPPs) will be delayed by six to 12 months. This means that the first sections of the Martin-Presov link will not open before 2011. The last section is expected to be completed in either late 2012 or early 2013.
  • Bosnia gets EBRD loan for Corridor 5c work
    January 8, 2024
    The project will include the construction of an interchange and a 15 km dual-carriage motorway section, along the Mostar North-South section.