Serbia road project, funding secured

Construction of the 77km-long Merdare-Nis highway in Serbia is to benefit from external financing. A funding package worth €100 million is being supplied by the European Investment Bank (EIB) for the project. The funding will pay for work on a stretch of the route between Plocnik and Nis in southern Serbia. The highway will improve transport connections with neighbouring Kosovo when it is complete. This project forms part of a series of road building operations in the region, with extensive work having been
February 19, 2019 Read time: 2 mins
Construction of the 77km-long Merdare-Nis highway in Serbia is to benefit from external financing. A funding package worth €100 million is being supplied by the 1054 European Investment Bank (EIB) for the project. The funding will pay for work on a stretch of the route between Plocnik and Nis in southern Serbia. The highway will improve transport connections with neighbouring Kosovo when it is complete. This project forms part of a series of road building operations in the region, with extensive work having been carried out already in Serbia, Kosovo, Macedonia and Albania.


Construction of the Serbia to Kosovo route also highlights the improving relations between the two countries. Improvements to highways in Kosovo include work to the section from the border to the country’s capital, Pristina. A highway from Pristina to the border with Albania opened to traffic some years ago following its construction by the Bechtel Enka partnership, which also built the highway running to Albania’s capital, Tirana.

Serbia is also planning to build a highway that links with the Corridor X and Corridor XI routes. A 110km highway will connect the towns of Krusevac and Cacak, with construction due to commence in the third quarter of 2019. US contractor 4138 Bechtel will also head this project, which is worth €800 million.

Finance & Funding

For more information on companies in this article

Related Content

  • Financing secured for Serbian road project
    October 29, 2021
    Financing has been secured by Bechtel for a key Serbian road project.
    Read More
  • Kosovo's award-winning green highway construction
    March 20, 2012
    A new highway is proving an economic lifeline for the tiny country of Kosovo – Mike Woof reports. Road projects in Europe rarely meet such widespread public approval and support as the new Route 7 highway being built in the new Balkan state of Kosovo. The first sections of the new road opened to traffic in November 2011, with locals turning out in large numbers to celebrate the event. The official opening was carried out by the country’s prime minister Hashim Thaçi, president Atifete Jahjaga, and members of
    Read More
  • Bechtel Enka opens first section of Pristina-Skopje motorway
    October 29, 2015
    The first part of the €600 million Arber Dzaferi motorway between Pristina, the capital of Kosovo and Skopje in Macedonia, has opened to traffic. US-Turkish consortium Bechtel Enka is contractor for the 60km road that will eventually link Pristina, capital of the former Serbian province Kosovo, and the city of Skopje, capital of Macedonia, a former Yugoslav republic. The road - numerically Route 6 – is Kosovo’s second motorway and is named after the prominent Albanian intellectual and politician from
    Read More
  • Albanian road investment
    May 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing major funding in Albania’s road network. A loan worth €53 million will help pay for the construction of the new Fier and Vlore bypasses. This loan will aid further development of the Albanian road network and boosting economic integration in the country by co-financing the construction of the two bypass roads, located in south-western Albania. The EBRD loan is structured in two tranches and will be used by the Albanian Road Authority t
    Read More

Highlighted Content