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

  • Strabag wins Polish A1 motorway deal for Wozniki-to-Pyrzowice section
    September 2, 2015
    Strabag consortium has signed a contract for construction of a 15.2km section of the A1 motorway between Wozniki and Pyrzowice. Completion of the section that will connect Pyrzowice with Czestochowa is due by the end of 2018. It is the first of four contracts signed for construction of the motorway. Strabag’s offer is believed to be around €144 million, while the budget set by the General Directorate for National Roads and Motorways (GDDKiA), was set just over €200 million. Meanwhile, the S6 dual car
    Read More
  • Chinese contractor wins major Nigerian road project
    November 11, 2013
    A road construction contract worth US$1.07 billion has been awarded to China Railway Construction in Nigeria. The Ministry of Delta Affairs of Nigeria awarded the package of works for Section V of the A121 East-West highway to China Civil Engineering Construction, a division of China Railway Construction. The work is expected to take five years to complete and includes design as well as construction. When it is complete, the A121 will connect Nigeria’s two main North-South highways. Its route runs from the
    Read More
  • Third section of Moscow ring road project
    August 10, 2017
    Financing is being secured for the project to build the third section of Moscow’s ring road. A loan worth around US$642 million will be provided by three banks, the Sberbank, Gazprombank and Eurasian Development Bank (EDB). This section of the ring road lies to the north of the city and measures 105.3km long. The loan for the PPP toll road will be for a 16-year period with the building work being carried out by the Road Construction Corporation. The ring road forms an important link in the chain for the roa
    Read More
  • Vietnam plans new ring road for Hanoi
    February 23, 2012
    The Vietnamese Government is moving forward with its project to build ring road No 4 around Hanoi.
    Read More

Highlighted Content