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

  • India rushing to improve its highway system
    February 9, 2012
    Despite the world economic slowdown, India still seems in a rush to improve its highway system as Patrick Smith reports. Later this year India will be seen by hundreds of millions worldwide when the country's capital New Delhi hosts its biggest event ever.
    Read More
  • Increasing importance of alternate truck routes
    February 14, 2012
    The fabled Silk Route from China to Europe takes many forms, and is again becoming increasingly important as Patrick Smithreports The ancient Silk Road was never a single caravan route, but covered hundreds of kilometres in width extending in length for around 10,000km. This is the view of the European International Road Transport Union (IRU), and many other countries and organisations, who point out that it is a system of routes covering many countries via a series of branch roads that dates back some 2
    Read More
  • Turkey is investing in new motorway and bridge projects
    May 29, 2013
    Turkey is benefiting from new motorway and bridge projects constructed along the BOT model - Gülay Malkoç. Looking at Turkey’s economic development, road construction plays a crucial role. The investment in Turkey is becoming increasingly attractive for both local and foreign investors. There are significant huge road investments and projects being made in Turkey at present, compared with EU countries where the roads need mostly repair and maintenance. According to the approach of Turkey’s Ministry of Trans
    Read More
  • Mongolia road development project going ahead
    March 14, 2019
    A major road development project for Mongolia will be carried out on the AH-3 route.
    Read More

Highlighted Content