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Half of Serbia’s GDP is invested in roads and railways

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We are building or designing 1,020 kilometers of highways, and those investments, together with others in transport infrastructure, are worth 23 billion euros, which is half of Serbia’s GDP, said Tomislav Momirovic, Minister of Transport and Infrastructure at the Kopaonik Business Forum.

According to Momirovic, investments in infrastructure, viewed from the angle of the Government of Serbia, have long since surpassed only investments.

“We have not been building only infrastructure for a long time. That cannot be measured even with the investment wave from the fifties, sixties of the last century, not to mention the further history,” Momirovic explained.

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The fact is, according to the Minister, that in the previous decades we did not have, or we had very little investment.

“We have allowed the communication between the largest trade and economic centers to be really neglected due to objective and political, as well as security reasons. And that all led to our citizens suffering a lot,” stated Momirovic.

He reminded that a high-speed railway Belgrade – Novi Sad is being built, “which will connect two cities that generate 60 percent of Serbia’s GDP.”

“An investment in the Belgrade-Nish high-speed railway has also been agreed. We have been promised a grant that no country in the Western Balkans has received, from 650 to 700 million euros. It is a gift with which the EU stimulates us to invest in an environmentally correct and more advanced level of traffic – railway,” Momirovic pointed out.

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As he added, more than 20,000 cadastral parcels were expropriated on the territory of the entire country in the previous period, N1 reports.

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