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

  • Bosnian deal with China Road and Bridge
    March 15, 2024
    The Chinese company could be reconstructing 15km of highway around Hum, close to the Montenegren border.
  • Poland's highway plans to go ahead
    May 15, 2012
    In Poland, the European Investment Bank has committed itself to maintaining its loan agreement for the A1 highway, despite recent problems over the project. The e1.1 billion loan that the EIB had agreed with Autostrada Poludnie for construction of a 180km section of the A1 highway from Strykow to Pyrzowice, will now be placed at the disposal of the Polish highway authorities. To carry out the work, Poland has to raise a further e503 million, which could be obtained from an issue of road bonds. Autostrada Po
  • £24 billion spending on UK roads
    June 17, 2025
    The UK Government plans to invest £24 billion on roads.
  • Nepal road improvement project starts
    March 28, 2019
    Work is now underway on a major road improvement project in central Nepal. The Chinese contractor, China Construction Seventh Engineering Division (CSSED), is carrying out the upgrade of the East-West Highway route linking Narayagadh and Butwal. The 131km road improvement project is worth US$142.9 million and is expected to be ready by the end of 2022. The project will boost capacity and safety for drivers on the route by widening the road so that it has two lanes in either direction, rather than just one l