Vucic:”Belgrade subway will cost EUR 4.4 billion to make”

Serbian President, Aleksandar Vucic has met with the French Minister of Foreign Trade, Frank Riester, followed by the signing of the Agreement between the Government of the Republic of Serbia and the Government of the Republic of France on cooperation in implementing priority projects in Serbia.

With this 581 million euro worth Agreement, France bolstered its interest in supporting the priority, strategic projects in Serbia and the engagement of its financial resources.

Vucic pointed out that the Agreement on cooperation with France is significant for Serbia and its further development:” Important agreements were signed today. We will modernise our power grid. As for the Belgrade subway, its construction is not only a way to solve the growing traffic problem in the city; it is also a question of prestige, the strength of one city and one state”, said President Vucic and added that with the support of France, the operations of Nikola Tesla Airport were also improved.

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“The construction of the Belgrade subway will cost at least 4.4 billion euro,” stated Vucic and underlined that the final price has not been defined yet as the subway design has not been completed. He added that 4.4 billion euro is a huge amount of money and a tremendous investment while noting that that kind of investment would drastically increase in GDP in the coming years, especially in 2022 and 2023.

The French Minister of Foreign Trade, Frank Riester, said the construction of the Belgrade subway would be an important step for further modernisation of Belgrade and the whole of Serbia.

He pointed out that the joint projects, the largest of which are the upcoming construction of the subway, the concession of the Belgrade airport managed by the French company, Vinci and resolving the problem with the landfill in Vinca, will lead to even better cooperation and the future of relations between the two countries.

(Politika, 26.11.2020)







This post is also available in: Italiano

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