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Contract annexes for infrastructure projects in Serbia are tripling costs, raising concerns over efficiency and fiscal sustainability

Recent developments in Serbia’s public infrastructure programme have drawn sharp attention from industry analysts, investors, and fiscal policy experts as a wave of contract...

Works oversight, compliance and conformity: How technical and financial governance, define sustainable project delivery

Construction is no longer judged only by the concrete poured or steel erected. It is now a multidisciplinary process of assurance, where every cubic meter,...

Students criticize Belgrade-Subotica high-speed rail project for excessive costs and poor planning

Students from the Faculty of Traffic in Belgrade have criticized the Belgrade-Subotica high-speed rail project, comparing it to buying a luxury sports car ("a...

Serbia’s ambitious economic plans face delays, rising costs and safety concerns ahead of 2027 deadline

Serbian President Aleksandar Vučić is preparing a new economic program called “Serbia 2035”, while the current ambitious plan “Leap into the Future 2027” approaches...

Serbia’s 2024 infrastructure projects primarily funded by domestic borrowing

In 2024, the Serbian Ministry of Finance recorded total receipts from domestic and foreign borrowings amounting to 62.53 billion dinars, according to the State...

Lack of economic justification studies sparks debate over Serbia’s infrastructure projects

The statement by Serbian President Aleksandar Vučić, claiming that "nothing would ever have been built in Serbia if economic feasibility studies were required for...

Shifting focus to domestic investment for sustainable growth in Serbia

Representatives from Serbia's monetary and fiscal authorities agree that the country’s current economic growth model—relying on foreign investments and significant infrastructure projects—has proven successful....

Funds reallocated to Belgrade metro from other infrastructure projects

The Ministry of Construction, Transport and Infrastructure will receive an additional 185 million dinars (approximately 1.6 million euros) from the current budget reserve to...

US-Serbia economic relations: Investment growth and opportunities amidst political changes

Over the past week, Serbia's President and Minister of Finance held discussions with representatives from major American companies, including Citibank, Visa, Pfizer and Bechtel....

Serbia’s construction sector sees robust growth in early 2024, driven by infrastructure projects

In the first half of 2024, Serbia's construction activity saw a gross added value (GVA) growth of 9.9 percent, according to eKapija. Projections indicate...

Montenegro and Serbia collaborate on key infrastructure projects: Upgrades to railway and highway connectivity

Montenegro and Serbia have jointly approached the European Commission to secure funding for the modernization and electrification of the railway connecting Belgrade and Bar....

Serbia’s infrastructure projects and their economic impact

Serbia has embarked on a series of ambitious infrastructure projects aimed at transforming its economy, enhancing connectivity and improving its role as a regional...

Vojvodina launches major water and wastewater projects with 3.9 billion dinars in funding

In the Autonomous Province of Vojvodina, significant infrastructure projects are underway to upgrade water supply and wastewater treatment facilities across five municipalities. The Provincial...

Belgrade Metro expansion: Tender for third line connecting Bežanija and Banjica announced

Goran Vesić, the Minister of Construction, Transport and Infrastructure, announced that the tender for the design of the third line of Belgrade's metro system,...
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