Skip to main content

New bridges for Belgrade

Work is now underway in Serbia to build a new bridge over the Danube River.
February 27, 2012 Read time: 2 mins
Work is now underway in Serbia to build a new bridge over the Danube River. The Zemun-Borca crossing is one of the most important projects for Serbia's capital Belgrade at present. The permits for the work have been issued and the necessary clearance work for the access road to the 1.5m bridge has already been carried out. The project is estimated to be worth some €170 million in all and is due for completion in 2014. The work also includes the construction of a system of access roads with a total distance of 21-27km to link the new bridge to existing infrastructure. A Chinese firm, CRBC, has been involved in the early stages of the project. On a less positive note however work on the Gazela Bridge in Belgrade has hit an obstacle. The rebuilding work was being carried out by Putevi Srbije and being part financed by loans from the 1054 European Investment Bank (EIB). The EIB has already provided some ?33 million for the work but has said it will not provide further funding. Putevi Srbije will now have to look to other sources such as domestic bank loans to source the remaining ?30 million needed to complete the work by its planned date of February 2012. But work on the Ada Bridge in Belgrade should be completed by August 2011 however. The bridge spans the Ada River and will carry road and rail traffic. It will be 964m long and will feature three lanes of traffic in either direction as well as two rail lines. Provision has also been made for two pedestrian/cycle lanes.

For more information on companies in this article

Related Content

  • Spanish highway project to get EIB A-rated bond issue?
    April 20, 2012
    The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.
  • Serbia's key link
    February 27, 2012
    The southern section of Serbia's Corridor 10 highway is now carrying traffic, with only final works needed to complete the link.
  • Russia to commission new Moscow-St Petersburg highway by 2020
    June 20, 2017
    Final delivery of the final stretch for Russia’s key highway project looks set to be delayed – Eugene Gerden writes. I now looks as if Russia’s most ambitious project in the field of road building in recent years, the building of a new high-speed road link between Moscow and St Petersburg, the country’s largest cities, will not be complete in time. The project was set up by the Russian government and several private investors. According to initial state plans, building of the new road should have been compl
  • Poland's highway plans to go ahead
    May 15, 2012
    In Poland, the European Investment Bank has committed itself to maintaining its loan agreement for the A1 highway, despite recent problems over the project. The e1.1 billion loan that the EIB had agreed with Autostrada Poludnie for construction of a 180km section of the A1 highway from Strykow to Pyrzowice, will now be placed at the disposal of the Polish highway authorities. To carry out the work, Poland has to raise a further e503 million, which could be obtained from an issue of road bonds. Autostrada Po