- By country
- By industry
- By topic
- Top 100
BELGRADE (Serbia), February 11 (SeeNews) – Serbia's government plans to invest 530 million euro ($599.5 million) in the construction of a high-speed road linking Zrenjanin to Novi Sad and a Zrenjanin-Belgrade motorway, president Aleksandar Vucic has said.
Investment in the construction of the 56 km-long Belgrade-Zrenjanin motorway will total 280 million euro, while a further 250 million euro will be invested in the 50 km-long Zrenjanin-Novi Sad expressway, Vucic said in a video file posted on the website of news agency Tanjug on Sunday.
The government is already in talks with Chinese partners for the construction of the Belgrade-Zrenjanin motorway, Vucic said.
Earlier this month, the Serbian government said it approved a project for the construction of a motorway rather than an expressway to link Belgrade to Zrenjanin, given the economic development of the Banat District. Chinese company Shandong Linglong said in August it plans to invest $994.4 million in the construction of a tyre factory in Zrenjanin.
Serbia also aims to complete the construction of an expressway linking Belgrade to the Romanian border via the northern town of Vrsac in the next six to eight years, Vucic said in the video file.
Zrenjanin is located in Serbia's northern autonomous province of Vojvodina, near the railway line linking Belgrade to Budapest. The Serbian government also carries out a major overhaul of the railway line with Chinese funding, in order to allow the high-speed circulation of trains along the route.
($ = 0.884164 euro)