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.
Finance & Funding Road Structures

Related Content

  • Montenegro plans new bridge and tunnel construction projects
    May 12, 2017
    Construction of a bridge and two new tunnels on Montenegro’s Bar-Boljare highway will go ahead. Permission for the projects was given by the country’s Ministry of Sustainable Development. The work is for the new Zagradje Bridge link as well as the Mrki Krs and Durilovac tunnels, which will be constructed for the 41km highway stretch from Smokovac to Matesevo. The Zagradje Bridge will in fact feature dual structures carrying traffic in either direction, with one measuring 100m long and the other 150m. The co
    Read More
  • Funding secured for Congo road project
    December 14, 2021
    Funding has been secured for a Democratic Republic of Congo road project.
    Read More
  • Philippines bridge project funding secured
    November 12, 2021
    Funding has been secured for a key bridge project in the Philippines.
    Read More
  • Funding for Belarus road project
    May 18, 2016
    Funding for a key project in Belarus could be supplied by the European Bank of Reconstruction and Development (EBRD). Financing is required for the reconstruction of the M10 highway in Belarus, which runs from Kobrin through Gomel to the Russian border. The EBRD will consider options once the results of the tender have been revealed. The private sector looks likely to take part in the project, which is conceived as a PPP scheme, the first for Belarus. The project will be handled under the concession mode
    Read More

Highlighted Content