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

  • Nairobi expressway construction now underway
    October 25, 2019
    Construction work has now commenced on the new expressway route through Kenya’s congested capital, Nairobi. The project has been delayed for nearly a decade but building of the link is now going ahead, an important move in reducing traffic jams in the city. The route will have two traffic lanes in either direction and will feature 10 interchanges, with a considerable portion of the expressway being elevated. It will provide an important connection between the A109 Nairobi to Mombasa route and A104 Nairobi
  • A1 Upgrade section opens in the UK
    March 27, 2019
    A key section of the UK’s important A1 route is now open to traffic.
  • Chinese loan to fund Kenya road project
    December 2, 2016
    A loan from the China Exim Bank will help pay for a new road project in Kenya. The loan is being offered to Kenya’s Government and is worth US$227.2 million, around 46% of the sum required for the whole 472km road project. The project is being handled in three phases, with this loan being sufficient for the first 192km stretch that will connect Kibwezi with Kitui, running through Mutomo. This first section will be constructed by Chinese contractor Sinohydro. The second stretch of the project will measure 16
  • Chinese road projects in progress
    January 16, 2023
    Several major Chinese road works are underway.