BELGRADE (Serbia), April 20 (SeeNews) – Serbia's infrastructure minister Zorana Mihajlovic said the government plans to invest 60 million euro ($74 million) in the construction of a trunk road connecting Valjevo, in western Serbia, to Corridor XI.
The government has already provided the funding for the preparation of the project documentation and hopes that construction works can start in 2019, Mihajlovic said in a video file posted on the website of news agency Tanjug on Thursday.
The project can be financed from the state budget or through other sources, Mihajlovic said. "Next year, we will have an exact idea on how to finance the construction of the road."
The construction of the trunk road, which will have two lanes in both directions, will take up to three years, Mihajlovic noted.
Pan-European Corridor XI is a planned ferry/motorway corridor linking Italy's Bari to Romania's Bucharest via Montenegro's Bar port and Serbia's Belgrade.
($=0.8109 euro)