Q:
A:
Road Directorate presents World Bank-financed road rehabilitation project in Macva, Kolubara
Belgrade,
20 July 2004
The Serbian Road Directorate presented today a project for the rehabilitation of 240 kilometres of roads in the Macva and Kolubara districts. The project is financed from a $55 million World Bank loan.
Author:
Fonet
Serbian Minister of Capital Investment Velimir Ilic said that the project is of high importance for Western Serbia whose road infrastructure is in bad condition. The Minister thanked the World Bank for the loan and said he hopes that the bank will also secure funding for roads in Southern Serbia and the Timocka Krajina region.
According to World Bank Belgrade office Director Carolyn Jungr, the project concerns rehabilitation of the Sabac-Zminjak, Prnjavor-Loznica, Kragujevac-Ravni Gaj, Ravni Gaj-Kraljevo, Loznica-Valjevo, Valjevo-Celije, and the Sabac-Valjevo roads.
The project also includes technical assistance, training, and provision of goods for the Serbian Road Directorate, said Jungr, adding that the Swedish national road administration has secured $1.5 million for increasing Serbia’s road safety. Jungr recalled that the World Bank completed its $522 million three-year project for financing Serbia-Montenegro’s reforms in June this year, noting that a new, $550 million project will be implemented over the next three years.
According to project coordinator Aleksandar Radojicic, the road rehabilitation project totals $61 million. The Serbian Road Directorate will secure 10 percent, or $6.25 million, of the necessary funding.
According to World Bank Belgrade office Director Carolyn Jungr, the project concerns rehabilitation of the Sabac-Zminjak, Prnjavor-Loznica, Kragujevac-Ravni Gaj, Ravni Gaj-Kraljevo, Loznica-Valjevo, Valjevo-Celije, and the Sabac-Valjevo roads.
The project also includes technical assistance, training, and provision of goods for the Serbian Road Directorate, said Jungr, adding that the Swedish national road administration has secured $1.5 million for increasing Serbia’s road safety. Jungr recalled that the World Bank completed its $522 million three-year project for financing Serbia-Montenegro’s reforms in June this year, noting that a new, $550 million project will be implemented over the next three years.
According to project coordinator Aleksandar Radojicic, the road rehabilitation project totals $61 million. The Serbian Road Directorate will secure 10 percent, or $6.25 million, of the necessary funding.
-
Belgrade/Accra, 18 July 2025Serbia-Ghana relations based on mutual respect, cooperation
-
Belgrade/Accra, 18 July 2025Strengthening cooperation with Ghana in field of youth, sports
-
Belgrade/Accra, 18 July 2025Great importance of parliamentary dialogue for development of overall relations between Serbia, Ghana
-
Belgrade/Accra, 17 July 2025Memorandum of understanding and cooperation in field of culture between Serbia, Ghana signed
-
Belgrade/Accra, 17 July 2025Serbia, Ghana committed to deepening cooperation, strengthening partnership
-
Belgrade, 16 July 2025Joint initiatives to enhance strategic partnership with UAE
-
Belgrade, 16 July 2025Strengthening, connecting technological ecosystems of Serbia, UK
-
Belgrade, 16 July 2025Improving cooperation with the Netherlands in field of science, technology, innovation
-
Belgrade, 16 July 2025Continued support from Hanns Seidel Foundation through various projects, advanced training
-
Belgrade, 15 July 2025Strong political will for partnership with Israel, USA