Source: Tanjug | Thursday, 04.07.2019.| 11:16
Highlight an article Print out the news

Inclusion of Greece and North Macedonia in Budapest railway project to be considered

Stara Pazova-Novi Sad section
Stara Pazova-Novi Sad section (Photo: APV)
The construction of the high-speed railway between Belgrade and Budapest is the biggest infrastructural project in this part of Europe, said Serbian Minister of Construction, Transport and Infrastructure Zorana Mihajlovic. She announced that a trilateral ministerial meeting between Serbia, China and Hungary would be held on Friday, July 5, in Belgrade, where the main topic would be the realization of this important project.

She also told RTS that it was the most financially demanding project, considering that the value of the Serbian section is close to USD 2 billion, whereas the total value is USD 4 billion.

– On the Serbian side, everything is going as planned. Two sections are being built, from Belgrade to Stara Pazova and from Stara Pazova to Novi Sad. The construction of the third section, Novi Sad-Subotica, starts next year. Tomorrow, we will discuss including another two states, North Macedonia and Greece, in this project, which is part of the global initiative “Belt and Road” – she stated.

The deputy prime minister added that Serbia had shown that it was able to comply with the agreed work schedule, especially when it comes railway traffic, and that 700 km of railways would have been reconstructed before the end of 2019. She also said that she expected North Macedonia and Greece to show interest, despite the internal problems they're experiencing.

– Serbia is politically and financially stable and has the biggest inflow of foreign investments. It is in our interest to include North Macedonia and Greece in this project, as it's not enough to just have a high-speed railway from Belgrade to Budapest. Instead, we should connect the entire corridor – she said.
Only logged-in users can comment.
Follow the news, tenders, grants, legal regulations and reports on our portal.
Testiraj besplatno!
Register for our daily business bulletin, which is sent to your email address at the end of each work day.
Full information is available only to commercial users-subscribers and it is necessary to log in.
Test for free!
Testiraj besplatno!
Full information is available to commercial users-subscribers only.
Testiraj besplatno!

Log in to view complete information:
Forgot your password? Click here HERE
For free test use, click HERE