Skip to main content

China to begin works on Serbia’s Corridor 11 motorway later this month

Chinese company Shandong High Speed Group is planning to begin construction works on Serbia’s Corridor 11 motorway in the second half of September 2013. Shandong will participate with 51% of works on the Lajkovac-Ljig and Obrenovac-Ub parts of the motorway, with domestic companies participating in the remainder of the works, due for completion within 38 months. Meanwhile, the Azerbaijan-based firm Azvirt is working on the 40km part of the Ljig-Preljina motorway, worth a total of €308 million.
August 27, 2013 Read time: 1 min
Chinese company Shandong High Speed Group is planning to begin construction works on Serbia’s Corridor 11 motorway in the second half of September 2013.

Shandong will participate with 51% of works on the Lajkovac-Ljig and Obrenovac-Ub parts of the motorway, with domestic companies participating in the remainder of the works, due for completion within 38 months.

Meanwhile, the Azerbaijan-based firm 5414 Azvirt is working on the 40km part of the Ljig-Preljina motorway, worth a total of €308 million.

For more information on companies in this article

Related Content

  • East Africa’s dream of a ‘Silk Road’ in sight
    October 22, 2021
    East Africa’s dream of a ‘Silk Road’ route to boost trade and transport is now in sight
  • Chinese investment in infrastructure
    April 24, 2014
    Three of China’s provinces, Jiangsu, Shanxi and Sichuan, have announced plans to invest in infrastructure expansion. Jiangsu Province has set an impressive infrastructure budget. Some US$11.38 billion has been earmarked for transportation infrastructure projects during 2014. Of the total, $4.53 billion will be invested into road construction projects, while some $454.8 million will be targeted at the construction of civil airports.
  • Wacker Neuson reports strong performance
    August 12, 2013
    Wacker Neuson reports a strong financial performance in the second quarter of 2013, despite tough prevailing economic conditions. This represents an improvement also from the first quarter of 2013 when economic performance was weak. The Wacker Neuson Group’s second quarter revenue increased by 15.8% over the previous year, reaching €329 million compared to €284.2 million. An increase in construction activity in April helped boost sales. “In Q2, our revenue rose 28 % on the prior-year quarter to a new record
  • Wacker Neuson remains strong financially
    November 11, 2022
    Wacker Neuson’s latest results show it remains strong financially.