Mihajlovic: Serbia will ask China’s Exim Bank for help with implementing the National Investment Plan

Serbia plans to seek financial support of China’s Exim Bank to implement its 2020-2025 investment plan for transport infrastructure, said Minister Zorana Mihajlovic.

“Exim Bank finances some of the biggest projects in Serbia, including the construction of the Milos Veliki Motorway, the Belgrade Bypass Road and the Belgrade-Budapest railway. We want to continue this collaboration on the projects we plan to implement as part of the new investment cycle,” Mihajlovic said in a press release.

During a meeting with Deputy Director of Exim Bank’s State Credit Division, Zhu Ying, Mihajlovic discussed projects such as the construction of the Fruska Gora Corridor, the Belgrade-Surcin motorway, the Iverak-Lajkovac motorway and the overhaul of the Belgrade-Nis railway line, the Ministry of Infrastructure said.

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Exim Bank is ready to continue it cooperation with Serbia in the area of transport infrastructure, Ying said at the meeting, according to a press release.

Last month, Serbian Prime Minister Ana Brnabic said the government planned to invest 14 billion euro ($ 15.5 billion) to stimulate the country’s economic growth by 2025.

(Seebiz, 21.01.2020)


This post is also available in: Italiano

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