Serbia ponders Chinese firm for Pozega-Boljare concession

Serbian prime minister Aleksandar Vucic said that part of the future Pozega-Boljare motorway towards Montenegro could be let under a concession to China. Meanwhile, Serbian minister of construction and infrastructure Zorana Mihajlovic, has said that around €9 billion of all types of infrastructure projects are underway. Included is the Corridor 10 motorway, due for completion by the beginning of 2018 and the 103km Obrenovac-Preljina motorway set for completion by the end of this year, as well as project
March 17, 2017 Read time: 1 min
Serbian prime minister Aleksandar Vucic said that part of the future Pozega-Boljare motorway towards Montenegro could be let under a concession to China.

Meanwhile, Serbian minister of construction and infrastructure Zorana Mihajlovic, has said that around €9 billion of all types of infrastructure projects are underway. Included is the Corridor 10 motorway, due for completion by the beginning of 2018 and the 103km Obrenovac-Preljina motorway set for completion by the end of this year, as well as project documentation for the Nis-Merdare-Prishtina highway.

Work on the Belgrade Ring Road will be carried out by the Azerbijanian company 5414 Azvirt and China's 5544 Sinohydro. She said that a deal worth over €200 million has been signed between the national roads company Putevi Srbije and China.
Finance & Funding

For more information on companies in this article

Related Content

  • Delays to highway, tunnel and bridge building
    May 14, 2012
    The Slovakian government is being asked for financial compensation by Granvia, the group building the country’s new Nitra-Banska Bystrica highway. Granvia is building the highway under the PPP model through a 30-year concession deal. The compensation has been requested due to delays that have been caused by the need for archaeological investigations along the route.
    Read More
  • Chinese road and bridge projects now commencing
    January 10, 2018
    Major highway and bridge projects are commencing in China. Work is starting on a highway project at Baise city in Guangxi Province as well as on the Malantun section of the Xintai-Tai'erzhuang highway in Shandong Province. The Baise city project is being carried out by the CEEG Gezhouba Group and the deal is worth some US$3.94 billion. The project is being carried out under the PPP model and is for a 35-year concession. The 199km highway will connect Guangxi Province with Yunan Province. Construction is
    Read More
  • EIB aids funding for Poland's A2
    July 12, 2012
    The European Investment Bank (EIB) will help funding of the A2 highway project in Poland, which has faced financing problems due to the economic crisis. The EIB is making an exception to its usual policy by granting to Polish company Autostrada Wielkopolska credit that covers over 50% of the costs of the construction work for a highway section. The EIB will provide €1 billion for the A2 investment and to create an option of an additional €200 million. The total value of the investment, which is expected to
    Read More
  • New Zezelj’s Bridge in Novi Sad symbolises brotherhood and unity
    September 7, 2018
    The new Bridge of Brotherhood and Unity, also known as Zezelj’s Bridge, across the Danube River in Novi Sad, Serbia, is officially open. The road and rail tied-arch bridge replaces the original bridge of the same name that was built in 1961, named after the designer Branko Zezelj. The designer of the new bridge is Aleksandar Bojović and the contractor was an international consortium of Azvi, Taddei and Horta Coslada. One of the two arches is 177m long and 34m high and the other is 219m long and 42m high.
    Read More

Highlighted Content