Skip to main content

China agrees road project funding with Serbia

Funding for a stretch of the Belgrade ring road project will now be delivered by Chinese sources. The €207 million deal has been agreed between the Serbian Ministry of Construction and the Power Construction Corporation of China. This funding will help with the completion of the 20km ringoad project as a portion of the work has already been carried out.
March 22, 2017 Read time: 1 min
Funding for a stretch of the Belgrade ring road project will now be delivered by Chinese sources. The €207 million deal has been agreed between the Serbian Ministry of Construction and the Power Construction Corporation of China. This funding will help with the completion of the 20km ringoad project as a portion of the work has already been carried out.

Related Content

  • Peru project planned – Chinese contractor to construct
    October 5, 2018
    The project to upgrade the National Route 3 connecting the Peruvian cities of Huallanca and Huánuco will now go ahead. The project has been awarded to a Chinese contractor, China Railway 20 Bureau Group Corporation. The work is expected to cost US$375.25 million. At present the route features some sharp curves as it winds through the mountains, with the section close to Jacas Chico posing particular hazards, and the upgrade will help improve safety on the route.
  • Contract for Romanian highway construction signed
    May 10, 2012
    In Romania the road authorities have signed a deal for the construction of a 22km stretch of highway in a contract worth €91 million. The Portuguese contractor Monte Adriano will construct the section linking Nadlac with Pecica. Romania has pledged to improve and expand its highway network with the construction of new links, and much of the funding for its highway plans has been provided by the European Bank for Reconstruction and Development and the European Investment Bank (EIB).
  • New Zealand highway repair of earthquake damage
    May 12, 2017
    Up to US$571 million (NZ$812 million) is being provided by the New Zealand Government to repair an earthquake damaged stretch of State Highway 1 (SH1). The section being repaired lies between Christchurch and Picton and was heavile damaged by the earthquake that struck in November 2016. A portion of the necessary repair work has already been carried out. Some additional funding will be provided by New Zealand’s National Land Transport Fund to pay for further road repair works to other coastal connections.
  • Major Angola motorway contract for Chinese firm
    July 2, 2024
    A massive Angola motorway contract will be handled by a Chinese firm.