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

  • Serbia inks two road deals with China at 16plus1 summit
    April 23, 2019
    Serbia said it signed two road construction agreements with China during the 16plus1 Summit in Dubrovnik, Croatia earlier this month. The two deals are for construction of the Pozega-Boljare and Novi Beograd-Surcin road routes. The Pozega-Boljare project alone is worth €2 billion and will be financed from the existing loan from the Exim Bank, according to media reports. China’s east-west Belt and Road Initiative was the focus of the annual 16plus1 Summit that brought together leaders from Beijing plus
    Read More
  • China to begin works on Serbia’s Corridor 11 motorway later this month
    August 27, 2013
    Chinese company Shandong High Speed Group is planning to begin construction works on Serbia’s Corridor 11 motorway in the second half of September 2013. Shandong will participate with 51% of works on the Lajkovac-Ljig and Obrenovac-Ub parts of the motorway, with domestic companies participating in the remainder of the works, due for completion within 38 months. Meanwhile, the Azerbaijan-based firm Azvirt is working on the 40km part of the Ljig-Preljina motorway, worth a total of €308 million.
    Read More
  • Serbia secures €13bn for road and other infrastructure projects
    February 21, 2014
    A total of €13 billion has been secured for investments in Serbian road and other infrastructure projects, according to Serbia’s president and minister of transport, Velimir Ilic. President Ilic said that the funding will be used for construction of the road Corridor 11, between Belgrade and Pozega, the continuation of works between Pozega to Boljare in Montenegro, and the connection of Valjevo with Corridor 11, including further works through Ljubovija and Bratunac. He also said that the multi-million eur
    Read More
  • Serbia highway projects moving ahead
    September 30, 2016
    Progress is being seen in Serbia with regard to some of the country’s key highway projects. The Ljig-Preljina stretch of the Corridor 11 highway will open for traffic at the end of October 2016. The highway route will be tolled but these will not be implemented until the start of 2017. Plans are also moving ahead for the ring road project for the capital, Belgrade. Meanwhile talks are being held with the European Investment Bank (EIB) over the new highway link to run from Nis, through Merdare and over the b
    Read More

Highlighted Content