Serbia ponders penalties for Azvirt over Ljig-Preljina delays

The Serbian government has said it could issue penalties to the Azerbaijani construction company Azvirt for delays to work on the Ljig-Preljina Corridor 11 motorway project. Completion was set for the middle of next month. But last month the government said delays of around a month were due to problems construction the tunnel and bridge sections. The new route is expected to open around 40 days later than originally expected as a result.
September 9, 2016 Read time: 1 min

The Serbian government has said it could issue penalties to the Azerbaijani construction company 5414 Azvirt for delays to work on the Ljig-Preljina Corridor 11 motorway project.

Completion was set for the middle of next month. But last month the government said delays of around a month were due to problems construction the tunnel and bridge sections. The new route is expected to open around 40 days later than originally expected as a result.

Minister of Transport, Zorana Mihajlovic, had stated that the government will want an explanation from the investor, Serbian roads company 3235 Koridori Srbije.

Finance & Funding

For more information on companies in this article

Related Content

  • Scotland’s new Queensferry Crossing over the Forth Estuary
    December 23, 2015
    The new Queensferry Crossing under construction in Scotland will be the third landmark bridge spanning the Forth Estuary - Mike Woof writes When the new Queensferry Crossing over the Forth Estuary opens at the end of 2016, it will be the third landmark bridge to be built spanning this short stretch of water. Lying alongside the existing road bridge and the historic rail bridge, this new structure will be as groundbreaking as the two earlier crossings were at the time of their construction.
    Read More
  • Danish-German Fehmarn Belt road and rail tunnel hits funding snag
    July 9, 2015
    A Danish newspaper has learned of a significant European Union funding gap for one of Europe’s most ambitious transportation road and rail projects. The Fehmarn Belt Fixed Link would connect the German island of Fehmarn with the Danish island of Lolland. A submersed tunnel will cross the 18km-wide Fehmarn Belt, or Fehmarn Strait, in the Baltic Sea. Last February news emerged that contractors had revamped their cost estimates, adding nearly €1.2 billion to the project. This put the final cost of the 18
    Read More
  • Russia to commission new Moscow-St Petersburg highway by 2020
    June 20, 2017
    Final delivery of the final stretch for Russia’s key highway project looks set to be delayed – Eugene Gerden writes. I now looks as if Russia’s most ambitious project in the field of road building in recent years, the building of a new high-speed road link between Moscow and St Petersburg, the country’s largest cities, will not be complete in time. The project was set up by the Russian government and several private investors. According to initial state plans, building of the new road should have been compl
    Read More
  • New Serbia highways on track for completion
    August 12, 2015
    Serbia’s Obrenovac-Preljina highway is due to be completed by 2017. Serbia’s Ministry of Construction says that the Obrenovac-Preljina and Ljig-Preljina routes are being financed with the aid of a €274.5 million loan from China's Exim Bank, worth a total of USD 301mn (EUR 274.48mn), while the state budget secured a total of €30.1 million. Meanwhile, €300 million of funding has been secured from Azerbaijan for construction of the Ljig-Preljina route. Corridor 11, between Obrenovac and Preljina will be 105km
    Read More

Highlighted Content