State to Take Out Loans of EUR 190 Million from Two Banks for Construction of Infrastructure for National Stadium

For the construction of the linear infrastructure for the National Stadium, the Government of Serbia plans to take out loans of around EUR 190 million from Banka Postanska Stedionica and UniCredit Bank. As can be seen from the two bills that the government has put into the parliamentary procedure, loans of RSD 11.2 billion each, with a maturity date of nine years, including a grace period of two years, with the repayment of the principal amount in 14 equal instalments, are planned.

The preparatory planning works for the construction of the linear infrastructure will be carried out by Power Construction Corporation of China Ltd, with which the government signed an agreement at the end of April.

The construction of the linear infrastructure, as said in the bill, entails traffic areas, road facilities, bridge structures, hydrotechnical infrastructure, energy infrastructure, telecommunications infrastructure, gas and thermal technical installations, installations and devices for fire protection, landscaping and greening, as well as other installations and devices that are not mentioned.

According to the Law on the Budget of the Republic of Serbia for 2023, a borrowing of up to EUR 190 million is approved for this project.

In May last year, the government pronounced the project of the construction of the linear infrastructure for the needs of the development of a new area within the construction of the National Football Stadium with side features in the territory of the city of the municipality of Surcin a project of special significance.

I. Z.

Vlada Republike Srbije

Banka Poštanska štedionica a.d. Beograd

UniCredit Bank Srbija a.d.

Power Construction Corporation of China Limited Ogranak Beograd

Government of Serbia

Banke Poštanska štedionica

UniCredit Bank

Power Construction Corporation of China

National Stadium

construction of linear infrastructure for National Stadium

traffic areas

road facilities

bridge structures

hydrotechnical infrastructure

energy infrastructure

telecommunications infrastructure

gas installations

thermal technical installations

installations and devices for fire protection

landscaping

greening