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

  • Funding problems for major Polish highway project
    May 9, 2012
    The long tale of woe concerning Poland’s troubled A2 highway project looks set to continue with the latest developments in the case. The Chinese contractor China Overseas Engineering Group Co (Covec) is appealing against a decision made by the Polish national road authority GDDKiA. The Polish authorities cancelled the contract that COVEC had previously been awarded to build a section of the A2 highway between Warsaw and Lodz.
    Read More
  • Highway developments to boost east-west transport
    April 4, 2012
    Huge highway developments are being planned and carried out to further improve East-West transport, with Central Asia a key region as Patrick Smith reports History was made in late 2010, when one of the biggest road building projects ever envisaged in Eastern Europe was given the green-light. It was the occasion when Russian president Dmitry Medvedev signed a law that would allow his country to build its segment of a huge highway around the Black Sea. The idea is to complete the 7,140km highway, wi
    Read More
  • China Shandong nears final inking of Banja Luka-Prijedor contract
    July 12, 2018
    The final contract for the Banja Luka-Prijedor motorway in Bosnia will be signed with China Shandong International and Technical Cooperation in September. The construction and 30-year operating concession is with Republika Srpska, an autonomous region of Bosnia e Herzegovina. Value of the contract is around €297 million, according to Nedjo Trninic, the minister of transport for Republika Srpska. Funding will be secured by the Chinese company and in cooperation with Autoputevi RS, Republika Srpska’s hi
    Read More
  • Concern over Serbian bridge project behind schedule
    August 28, 2014
    There is concern in Serbia over delays to the Zemun-Borca bridge project. Costing some €197 million in total for the bridge and its access roads, the project is due for completion in December 2014. However Serbia’s Ministry of Construction is investigating why the project is not on track and wants to bring the work back into line with the planned schedule. The Serbian Government is funding 15% of the project while China’s Exim Bank is providing 85%. The Chinese contractor China Road and Bridge Corporation i
    Read More

Highlighted Content