Serbia’s government said on Wednesday it has agreed 247.9 million euro ($293.6 million) financing for a project for reconstruction of Stara Pazova-Novi Sad railway section with Russian railway infrastructure firm RZD International.
The financing for the project will come from the proceeds of a $800 million loan extended by Russia to Serbia’s state-run railway operator Zeleznice Srbije in January 2013, the Serbian government said in a statement.
The reconstruction works on the 40.4 km-long railway section in northern Serbia will start in the first quarter of 2018 and will be carried out by RZD International.
The project includes the construction of a two-track railway, three viaducts, tunnels, 19 bridges, a new station in Beska as well as an overhaul of Sremski Karlovci, Indjija and Petrovaradin stations, the government said.
The Stara Pazova-Novi Sad line is part of a project for construction of a high-speed railroad connecting Budapest to Bucharest.
Source; Agencie
