Serbia-Bosnia highway project funding being secured

The necessary financing package for Serbia’s key highway project is now being secured. The Belgrade to Sarajevo highway is already under construction, with 60km of the link having been built so far. The existing section of the highway connects Obrenovac with Ljig, while work on the southern stretch of the route is due to commence shortly. Serbia has taken loans worth €3 billion for its share of the project, with the Turkish Government and various Turkish banks being directly involved in supporting the works
August 30, 2019 Read time: 1 min
The necessary financing package for Serbia’s key highway project is now being secured. The Belgrade to Sarajevo highway is already under construction, with 60km of the link having been built so far. The existing section of the highway connects Obrenovac with Ljig, while work on the southern stretch of the route is due to commence shortly. Serbia has taken loans worth €3 billion for its share of the project, with the Turkish Government and various Turkish banks being directly involved in supporting the works. However Bosnia is finding it more complex to secure the necessary funding, due to its rules on concession projects.
Finance & Funding

Related Content

March 16, 2012

Serbia upgrading infrastructure

Serbia has managed to reduce the cost of building the Corridor 10 highway by €80 million. These funds will instead be used to pay for upgrades and improvements needed for the second section of the highway project, close to Neradovci.
May 2, 2012

Serbia upgrading infrastructure

Serbia has managed to reduce the cost of building the Corridor 10 highway by €80 million. These funds will instead be used to pay for upgrades and improvements needed for the second section of the highway project, close to Neradovci. So far some 180km of the Corridor 10 highway has been built over a 40 month time frame. A further 150km of the highway has still to be built. Work on the Corridor 10 motorway is also being financed by the European Bank for Reconstruction and Development and the state budget. Wh
May 21, 2014

Serbia speeding spending on roads

Serbia is planning to speed construction of its highway network. A key project being prioritised is the Corridor 10 motorway, which is due for completion by September 2016. Another priority project is for Corridor 11 and for several regional road routes. At present the Corridor 10 sections between Sid and Belgrade, and Subotica and Belgrade have been built, while work on the 22km Ipsilon stretch between Subotica and Kelebija is underway. Work is also underway on the 96km south node from Grabovnica to Presev
boombox1

Highlighted Content

boombox2