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BELGRADE (Serbia), May 15 (SeeNews) – Serbia plans to start the construction of a motorway known as the Morava Corridor in the summer of 2019, infrastructure minister Zorana Mihajlovic said.
"Our plan is to start work in the summer, and by that time, we will provide the necessary funding," Mihajlovic said during a meeting with US Ambassador to Serbia Kyle Scott on Tuesday, according to a statement by the infrastructure ministry.
Serbia plans to invest 800 million euro ($897 million) in the construction of the motorway, Mihajlovic said.
In October, Serbia's infrastructure ministry signed a Memorandum of Understanding (MoU) for the construction of the 110 km motorway linking Preljina to Pojate, in central Serbia, known as the Morava Corridor, with US civil engineering group Bechtel.
The works on the first section of the motorway, a 27.8 km stretch linking Pojate to Krusevac, are expected to be completed within two years, Aleksandar Senic, construction management director of Koridori Srbije, said last month.
The Morava Corridor will represent a link between European transport Corridors X and XI. Corridor X will connect Salzburg in Austria to the Greek Aegean port of Thessaloniki, passing through Slovenia, Croatia, Serbia and Macedonia. Corridor XI is a ferry/motorway corridor linking Italy's Bari to Romania's Bucharest via Montenegro's Bar port and Serbia's Belgrade.
($ = 0.892 euro)