Skip to main content

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.

For more information on companies in this article

Related Content

  • Spain: 'spend more on maintenance'
    July 5, 2012
    Spain's road maintenance deficit has now reached €8.6 billion in the period since 2005, according to road maintenance companies. The industry has now asked the authorities to invest 2.5% of the roads value on maintenance to take up the shortfall. The companies include Imesapi and Dragados (ACS); Grupisa (Ferrovial); Acciona Mantenimiento de Infraestructuras (Acciona); Martinsa (FCC); Valoriza (Sacyr), and Elsan (OHL). This group says that the value of all the roads the Spanish government is responsible for
  • Serbia’s transport infrastructure pipeline reaches €5.5bn
    June 16, 2016
    Serbia has around €5.5 billion worth of transport infrastructure projects either in progress or in preparation, according to the government. Of the €5.5 billion of contracts, around €3 billion is for roads under construction. Minister of infrastructure, Zorana Mihajlovic, said that around 90km or motorway will be completed this year and another 200km will be rehabilitated. Among these projects is construction of the Nis-Merdare motorway. In the past two years around 170km of motorways were built. Amon
  • Financial close reached for A9 Gaasperdammerweg motorway work
    November 25, 2014
    Financial close has been reached for expansion of the A9 motorway near Amsterdam in the Netherlands. BNG Bank, DZ BANK, ING, KBC, SMBC and Société Général have made available a short-term debt of US$174 million (€140 million) and half of the long-term debt of nearly $509 million (€410 million). The European Investment Bank will provide the other half of the long-term debt. Mott MacDonald is the lenders’ technical advisor to the consortium IXAS Zuid-Oost, which has the public-private contract to expand
  • New Cameroon highway to connect key cities
    August 29, 2013
    A new highway will connect Cameroon’s key cities of Doula and Yaoundé. The 215km highway will be constructed by the Chinese contractor China First Highway Engineering, with the project costing an estimated US$579 million in all. Much of the financing for the project is being provided through a $491.5 million loan from the China Exim Bank. Scet Tunisie and Louis Berger have a partnership for the $8.36 million deal for project management of the first phase of the project, the 80km section from Yaoundé to Bot