"Corridor 10 construction is priority"

Infrastructure Minister Milutin Mrkonjić was on Friday another Serbian cabinet member who spoke about "2010 priorities" of his ministry.

Izvor: Tanjug

Friday, 25.12.2009.

20:12

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Infrastructure Minister Milutin Mrkonjic was on Friday another Serbian cabinet member who spoke about "2010 priorities" of his ministry. That priority, Mrkonjic explained during a news conference in Belgrade, will be to continue the construction of Corridor 10, so that this highway could be finished "by May, 2012, when the mandate of the current government runs out". "Corridor 10 construction is priority" The World Bank will fund the project USD 388mn, the European Investment Bank with EUR 600mn, while the European Bank for Reconstruction and Development and Hellenic Plan will allocate EUR 150 and 100mn respectively, je said. The minister reported that in order to finish the works on the rail Corridor 10, EUR 1.1bn would be necessary. Mrkonjic pointed out that the EUR 850mn loan for the rail part of the project was guaranteed by the budget, and added that by the end of January 2010, Russia's Corridor 10 loan will be defined as well.

"Corridor 10 construction is priority"

The World Bank will fund the project USD 388mn, the European Investment Bank with EUR 600mn, while the European Bank for Reconstruction and Development and Hellenic Plan will allocate EUR 150 and 100mn respectively, je said.

The minister reported that in order to finish the works on the rail Corridor 10, EUR 1.1bn would be necessary.

Mrkonjić pointed out that the EUR 850mn loan for the rail part of the project was guaranteed by the budget, and added that by the end of January 2010, Russia's Corridor 10 loan will be defined as well.

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