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

  • Road projects for India’s Karnataka State and Maharashtra State
    September 6, 2018
    New road projects are being planned for India’s Karnataka State and Maharashtra State. A US$228.56 million contract has been awarded to Sadhbav Engineering for the Nagpur-Mumbai Super Communication Expressway. The route will be access-controlled and the deal was awarded by the Maharashtra State Road Development Corporation.
  • New cross border connection between Serbia and Macedonia
    August 19, 2014
    Plans are in hand in Macedonia for the new highway that will run from Bar to the Serbian border. The Macedonian Government recently held talks with Chinese construction company CRBC with regard to the project. The Chinese contractor is commencing construction once a loan from China’s Exim bank is fully secured. Meanwhile over the border in Serbia, the Ministry of Transport has said that 2014 will see some 60km of new major roads opening to traffic. In 2015 work on another 210km of roads will commence in the
  • Funding found for New Zealands new links
    June 18, 2015
    Funding worth US$1.54 billion is helping to finance a series of infrastructure projects in New Zealand. Some $980 million will help pay for the half-tunnelled 4.8km Waterview Connection. A further $350 million is being used for the widening of a 10km stretch from St Lukes Rd interchange to Lincoln Rd. A portion of the funding is also being used for upgrading the Maioro motorway interchange in New Windsor. The funds will also pay for the $70 million upgrade of Auckland’s Northwestern Motorway beyond Henderso
  • China banks on the Belt and Road Initiative
    October 8, 2019
    Changsha, the capital of Hunan province, is capitalising on its well-established equipment and componentry manufacturing base as China’s global Belt and Road Initiative gathers momentum.