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

  • New highway projects in China
    April 28, 2023
    New highway projects are now underway in China.
    Read More
  • Angola road and bridge contracts
    April 11, 2017
    Three contracts in Angola are now commencing, which will improve road and bridge links in the country. The three projects will be carried out by two Portuguese contractors, which agreed the deals with the Angolan Government. Conduril will build a bridge in a deal worth US$110 million in the northern Zaire Province. Meanwhile Talhabel has a contract worth $28.73 million to upgrade the road 230 in the stretch between Muriege and Chiluage, which is close to the border with the Democratic Republic of the Congo.
    Read More
  • Myanmar project deal
    March 6, 2012
    Work on the Myanmar section of the Stilwell Road will be carried out by Chinese contractor Yunnan Construction Engineering Group (YCEG). The deal is worth some US$498 million and the project is for a 375km stretch of highway. YCEG will carry out the project in partnership with the Yuzana Group. The deal is of note as it will improve Myanmar's international links with its neighbours.
    Read More
  • New Asian transport corridor opens
    August 17, 2020
    A new Asian transport corridor is now open to traffic.
    Read More

Highlighted Content