Dec. 11 (Bloomberg) -- Serbia will ask state-owned investment funds in Kuwait, United Arab Emirates and Saudi Arabia to help finance infrastructure projects.
The list of projects will be prepared for a meeting with potential investors in Kuwait in April, the government said in an e-mailed statement today.
Kuwait Fund for Arab Economic Development agreed yesterday to lend 10 million Kuwaiti dinars ($35.5 million) to Serbia’s state rail company to complete a new railway station in Belgrade. The 18-year loan, including a four-year grace period, carries a 3 percent interest rate.
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