Acceleration of implementation of EBRD-financed infrastructure projects necessary

Source: Tanjug Wednesday, 14.05.2014. 14:42
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(Photo: koridor10.rs)
The Ministry of Construction, Transportation and Infrastructure of Serbia and the European Bank for Reconstruction and Development (EBRD) will cooperate closely in order to speed up the implementation of projects financed by the latter, it was concluded at a meeting between Minister Zorana Mihajlovic and EBRD Country Director for Serbia Matteo Patrone.

There is also a possibility of expanding the cooperation with new projects, the ministry announced.

Serbia's deputy prime minister and Mr. Patrone talked about the current status of projects financed by the EBRD, including the Belgrade Highway and Bypass project, the construction of two new stretches between Nis and Dimitrovgrad on Corridor X, and the loans intended for railway modernization.

Mihajlovic said that the ministry would insist on faster implementation of projects, meeting of deadlines, and the improvement of efficiency in state-owned enterprises, for which a special team has been formed within the ministry.

Aside from more efficient implementation of existing projects, topics of the meeting were also possible expansion of cooperation with new projects on Corridor VII and possible concession for the Belgrade-based Nikola Tesla Airport, the release reads.

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