- By country
- By industry
- By topic
- Top 100
BELGRADE (Serbia), October 16 (SeeNews) – Serbia is working with China on projects in multiple sectors worth 9.0 billion euro ($10.4 billion) combined, Serbia's infrastructure minister Zorana Mihajlovic said on Tuesday.
Serbia has been recognised as a leader in cooperation with China in the field of infrastructure and a country working to connect with the entire region, Mihajlovic said in a government press release.
The construction of the Obrenovac-Ub and Lajkovac-Ljig road sections of Corridor XI will be completed this year in cooperation with China, Mihajlovic said during a news conference following the third summit of transport ministers of China and Central and Eastern European countries (CEEC), also known as the 16+1 format, which was held in Serbia's capital Belgrade.
The value of the new cycle of Serbia's investment into road infrastructure is approximately 5 billion euro, Mihajlovic said in June. The value of investment projects being implemented at that point was close to 16 billion euro.
($ = 0.863209 euro)