Serbia Asks China’s Exim Bank for $1.1 Billion to Build Highways
Agreements with the bank and a contractor may be signed by the end of the year, allowing construction to begin in early 2013, the government said in an e-mailed statement after Finance and Economy Minister Mladjan Dinkic met with Liu Liangge, Exim’s vice president in Belgrade today.
The credit would support construction of a 25 kilometer (16 mile) stretch between the capital Belgrade and Obrenovac, part of a future highway to neighboring Montenegro, and a 110- kilometer Pojate-Preljina section across central Serbia that would link two north-south highways, the statement said.
China and the Balkan country signed a 15-year agreement in 2009 envisaging $1.25 billion Chinese investment in Serbia’s infrastructure and energy.
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