Serbia receives funding for road works

By Sarah Ann McCay01 December 2013

Serbia is to receive development bank funding worth €273.8 million to carry out essential rehabilitation work on its national road network.

The loans from The European Investment Bank, the European Bank for Reconstruction and Development and the World Bank will go towards funding work on 1,100 km of major roads throughout Serbia over the next five years.

The work will form part of the Serbian Government’s National Road Network Rehabilitation Program. The aim is to serve international, inter-city and local traffic demand. It is hoped the road works will promote regional and national economic growth and facilitate trade across Serbia.

The total cost of the project is estimated at €390 million.

Delivered directly to your inbox, World Construction Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Longer Reads
Computer vision AI sees the way forward
Salman Chaudhary, CEO at EmpiricAI, explains why computer vision AI offers a glimpse of the future of health & safety in the construction sector
How wearable technology is used in construction
Wearable technology is helping construction companies become more productive and is also boosting health and safety 
Post-pandemic demand lengthens delivery times for construction equipment
Government stimulus measures following the global pandemic have led to a surge in demand for construction equipment
Andy Brown Editor, International Construction Tel: +44 (0) 1892 786 224 E-mail:
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: