Power China wins more Belgrade ring road work

Serbia has signed a deal with Power China to construct the Ostruznica-Bubanj Potok section of the capital Belgrade’s ring road.
November 2, 2017 Read time: 1 min
Serbia has signed a deal with Power China to construct the Ostruznica-Bubanj Potok section of the capital Belgrade’s ring road.


The next tender for ring road construction will be the 31km Bubanj Potok-Vinca-Pancevo section.

Serbia’s ministry of construction estimates that the value of Chinese contracts in the country is just over €2 billion, but that could rise to around €6 billion with help from the 3422 Chinese Exim Bank.

Finance & Funding

For more information on companies in this article

Related Content

  • Serbia says Corridor 10 completion to be delayed
    June 12, 2017
    Delays will hit Serbia’s Corridor 10 motorway project that was due for completion later this year. Serbia’s Minister of Construction, Zorana Mihajlovic, said that her department will soon publish as report on the delays, suggesting options for speeding up the work.
    Read More
  • Serbia’s road network may benefit from major Chinese investment
    September 27, 2012
    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.
    Read More
  • Serbia seals the deal for start of Belgrade Corridor 11 ring-road
    July 21, 2016
    Serbian vice president Zorana Mihajlovic has held talks with Li Manchang, China's Ambassador to Serbia in Serbia, for continuation of works on Belgrade’s ring road. According to the political magazine B92, Mihajlovic also signed a memorandum of understanding with Azvirt, the company from Azerbaijan, and China's Sinohidro. Discussions included continuation of work on the Surcin-Obrenovac part of the Corridor 11 motorway. A commercial deal for the project has already been signed with the China Communica
    Read More
  • Montenegro on the ropes over China deal
    April 13, 2021
    The first 41km of highway cost €20 million per kilometre - one of the most expensive highways in the world.
    Read More

Highlighted Content