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The Government of the Republic of Serbia

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Memorandum of understanding for “Belgrade Metro” project signed

Belgrade, 22 January 2021

Minister of Finance Sinisa Mali signed today the Memorandum of Understanding for the “Belgrade Metro” project between the Serbian government, the City of Belgrade, Chinese company Power China and French companies Alstom and Aegis Rail.

Mali signed the mentioned document in the Palace of Serbia with Director of the Serbian public utility company "Belgrade Metro and Train" Stanko Kantar, Senior Vice President of Alstom group Philippe Delleur, General Director of Aegis Rail Olivier Bouvart and representative of Power China She Zidji.

The signing was also attended by Minister of Construction, Transport and Infrastructure Tomislav Momirovic, Deputy Mayor of Belgrade Goran Vesic, Chinese Ambassador to Serbia Chen Bo and French Ambassador to Serbia Jean-Louis Falconi.

The first line of the Belgrade metro should go from Makisko Polje through Belgrade Waterfront, the city center and Karaburma to Mirijevo, while the second line will go from Mirijevo to New Belgrade and Zemun.

The metro project is one of the most important infrastructure projects in 2021.

At the end of last year, the Interstate agreement on the realisation of infrastructure projects with France was ratified, which was signed on 26 November 2020.

The value of the agreement is €581 million, of which €127 million are intended for the improvement of efficiency of the electricity distribution network, while €454 million will be invested in the construction of the first metro line.