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

  • Bosnia-Serbia bridge and highway connection
    January 8, 2020
    A highway upgrade construction agreement has been signed by the Bosnian Government and Serbian Government.
  • New Nepal road opening to traffic
    May 22, 2018
    An important new road link in Nepal is now open to traffic, having been completed by the Nepal Army. Construction of the new National Priority Road has taken 15 years due in part to the challenging nature of the terrain. The road runs to the north of Nepal to Rasuwagadi, lying on the border with China. Meanwhile the southern end of the highway is at Thori, on the border with India. transport road is of key importance to Nepal as it will provide an important trade link through the country between India and
  • Morocco tender
    May 3, 2012
    The Moroccan Government is increasing its investment in roads and highways by 21% from last year. The country intends to spend US$6.32 billion on improving the road network. A further $14.5 billion is expected from private sources and other funding bodies. Work on the El Jadida-Safi highway project will commence in 2012 and is expected to cost $497million. Work on the Tit Mellil-Berrechid highway section will cost $152.55 million. The authorities in Morocco are now assessing 13 bids submitted in the tender
  • China joining international transport forum
    April 26, 2012
    China is now a full member of the International Transport Forum. This follows from an announcement made in May 2011 when vice-minister Gao Hongfeng said China's intended to join the Forum.