Nikolić with China Development Bank delegation

President Tomislav Nikolić conferred with a delegation of China Development Bank about financing the construction of Corridor 11 through a concession agreement.

Izvor: Tanjug

Tuesday, 18.09.2012.

09:37

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BELGRADE President Tomislav Nikolic conferred with a delegation of China Development Bank about financing the construction of Corridor 11 through a concession agreement. During the meeting in Belgrade on Monday, they also discussed other investments in Serbia in which the partners from the world's most populous country are interested. Nikolic with China Development Bank delegation The Chinese delegation was headed by Lei Yufeng, and the officials also discussed the possibility that China finances arranging the right bank of the Danube, opening a duty-free zone, and possible investments into Serbian agriculture and construction of hydro power plant Djerdap 3, the Serbian presidential office released in a statement. Serbian Minister of Transport Milutin Mrkonjic stated earlier that the Chinese partners are especially interested in sections of highway from Belgrade to Cacak which have not been started yet - the section from Belgrade to Obrenovac (27 km), from Obrenovac to Ub (25km), from Lajkovac to Ljig (25 km) and from Preljina to Cacak, which all totals around 100 km. The Chinese partners are also interested in the construction of the transverse highway Pojate-Preljina, which is around 100 km long and whose construction would cost between EUR 400 and 450 million. Corridor 11 is still not an official European corridor, and it should connect Romania, Serbia, Montenegro and Italy with the Timisoara -Belgrade-Bar-Bari route. (Tanjug) Tanjug

Nikolić with China Development Bank delegation

The Chinese delegation was headed by Lei Yufeng, and the officials also discussed the possibility that China finances arranging the right bank of the Danube, opening a duty-free zone, and possible investments into Serbian agriculture and construction of hydro power plant Đerdap 3, the Serbian presidential office released in a statement.

Serbian Minister of Transport Milutin Mrkonjić stated earlier that the Chinese partners are especially interested in sections of highway from Belgrade to Cacak which have not been started yet - the section from Belgrade to Obrenovac (27 km), from Obrenovac to Ub (25km), from Lajkovac to Ljig (25 km) and from Preljina to Čačak, which all totals around 100 km.

The Chinese partners are also interested in the construction of the transverse highway Pojate-Preljina, which is around 100 km long and whose construction would cost between EUR 400 and 450 million.

Corridor 11 is still not an official European corridor, and it should connect Romania, Serbia, Montenegro and Italy with the Timisoara -Belgrade-Bar-Bari route.

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