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The Government of the Republic of Serbia

In the service of citizens

Agreement on donation for fourth section of Trans-Balkan Corridor signed

Belgrade, 23 January 2023

Minister of Mining and Energy Dubravka Djedovic, Director of the German Development Bank (KfW) office in Belgrade Rüdiger Hartmann, Minister of European Integration Tanja Miscevic and Director of "Elektromreza Srbije" Jelena Matejic signed today in the Serbian government a donation agreement for the implementation of the fourth section of the Trans-Balkan Corridor for transmission of electricity.

The donation contract for the construction of this section of the transmission line corridor, with a length of 83 kilometres, is worth €8.5 million, with one part going from Bajina Basta to the border with Montenegro, and the other connecting us with Bosnia and Herzegovina (BiH).

Matejic pointed out that the project has both regional and European significance and that work on that section should begin when the third section from Kraljevo to Bajina Basta is completed in 2026, whose construction will begin in the first quarter of next year.

Djedovic specified that 120 kilometres of the Trans-Balkan Corridor have already been built, from Pancevo to the border with Romania and from Kragujevac to Kraljevo.

That project puts Serbia back on the energy map of European energy corridors, she pointed out and added that it is another step towards increasing the energy stability of the country and the security of electricity supply to citizens.

Miscevic noted that the citizens of Serbia benefit from this and similar projects, and recalled that the European Union invests funds for the development of solar energy, wind farms and gas connections in Serbia.

Hartmann pointed out that today's signing of the contract ends the most important part of the Trans-European Current Corridor, because the last section, with a total value of €30 million, will complete the entire project.