Serbian transport min says China's Sinohydro eyes local rail projects

Sinohydro is interested in sections of the local stretch of pan-European transport Corridor X and if an agreement is reached, works could get underway in March, Serbian transport minister Milutin Mrkonjic said in a statement issued after he met in Belgrade with a delegation from the Chinese company.

Sinohydro has set up an office for the European market in Belgrade, an indication it plans to rack up a large number of contracts over the coming years, the statement said.