The Serbian government expects to sign road and railway construction deals with a combined value of EUR 3.2 billion with China during the upcoming visit of prime minister Aleksandar Vucic to the Asian country, infrastructure minister Zorana Mihajlovic announced.
The government will sign a USD 700 million (EUR 644.5 million) deal for the overhaul of the Novi Sad-Subotica section of the railway line connecting Belgrade to Budapest, as well as contracts for the construction of the Preljina-Pozega and Pozega-Boljare stretches of the Bar-Belgrade motorway. In this way, the total value of the infrastructure projects carried out by Serbia and China will rise to EUR 5.6 billion.
The overhaul works of the Novi Sad-Subotica section of the Belgrade-Budapest railway line will hopefully begin this year, Zorana Mihajlovic added.
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