Source: Beta | Sunday, 12.07.2009.| 12:41
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Agreement on World Bank's loan for Corridor 10 to be signed on July 13th



Serbia and World Bank will sign the agreement on the loan of 388m USD for construction of Corridor 10 through Serbia on July 13th.

According to the announcement, the loan agreement will be signed by the Minister of Finance, Diana Dragutinović, and the Head of the WB Office in Serbia, Simon Gray.

The agreement on realization of the loan will also be signed by the World Bank and Serbian company "Corridor 10".

The Board of managers of World Bank approved of 388m USD worth of loan to Serbia on July 9th for construction of Corridor 10, which is the largest loan ever approved by that finance institution to Serbia.

The Minister of Infrastructure of Serbia, Milutin Mrkonjić, announced that Serbia would be able to start using that loan on September 1st.

The money from the World Bank will be used for construction of the following sections: Dimitrovgrad-Bulgarian border, Grabovnica-Grdelica and Vladičin Han-Neredovci.
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