Chinese to fund stretch of Belgrade-South Adriatic highway
The government adopted on Thursday the conclusion on the adoption of a commercial agreement to design and build the E-763 road - the Preljina-Pozega section.
The agreement was signed between the Serbian government, the public enterprise Putevi Srbije (Roads of Serbia), and the China Communications Construction Company Ltd.
The aim of the contract is to "define the ways of financing the construction of this part of the highway, in order to enable a full completion of the project Belgrade-South Adriatic" whose total length is 258 kilometers," the government announced.
A memorandum of understanding on cooperation on this project - sections Preljina-Pozega and Pozega-Boljare - was signed in May in Beijing between the Serbian government and China Communications Construction Company Ltd, during the Belt and Road Forum for International Cooperation.