Source: Tanjug | Tuesday, 03.07.2012.| 08:30
Highlight an article Print out the news

Italians to build railroad in Serbia for trains traveling 160 km/h - EUR 16.2 million for Gilje-Paracin section

(Photo: b)

The Serbian national railway company Serbian Railways and the Italian consortium JV Italiana Construzioni - Consorzio Armatori Ferroviari Italy signed July 2nd in Belgrade an agreement to carry out construction works on a new double-track railroad from the stop Gilje to the station in Paracin, for the speeds of up to 160 kilometers per hour.

This 10.5-kilometer section is an important part of the railway route of Corridor X, and the job is given to the bidder who has submitted the most favorable bid, asking the price of EUR 16.2 million, Serbian Railways CEO Milovan Markovic told Tanjug news agency after signing the agreement.

Markovic said that the period to complete that new double-track railroad was set at 415 days.

The Italian consortium has submitted the most favorable bid on an international tender, which attracted 15 bids from 10 European countries, including those submitted by domestic companies.

Funds for this project have been provided from a loan of the European Investment Bank.

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