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The Government of the Republic of Serbia

In the service of citizens

Infrastructure development main priority for next year

Belgrade, 5 December 2009

Serbian Prime Minister Mirko Cvetkovic said that the main priority of the government’s economic policy for the next year will be the construction of Corridor 10, from the Hungarian to the Bulgarian border, which will boost economic activity and create new jobs.

Author: Tanjug

In an interview given to Tanjug news agency, Cvetkovic said that funds have been already earmarked in the 2010 budget for the continuation of construction of the northern section of Corridor 10, towards Hungary, while the eastern section towards Bulgaria will be built with the loans from the World Bank, the European Investment Bank and grants from the Greek government’s Hellenic Plan for the Balkans.

The ring road around Belgrade will be completed next year with funds from the budget, Cvetkovic said, and the construction of a main road towards the southern Adriatic will begin.

As for the railways infrastructure, the Prime Minister said that negotiations are being held with representatives of Russia on an important loan for railways improvement. He added that most funds from that loan will go to the railway around Belgrade.

Construction of a bridge on the Danube River, from Zemun to Borca, is also being planned and an agreement has already been reached with Chinese investors. The building up of energy capacities in Kostolac is another subject of the talks.

Recalling that the Serbian government adopted a Decree on encouraging production from renewable energy resources in late November, Cvetkovic voiced hope that significant investments will be made in that sector in the year to come.