Serbia to invest in country’s railway networks to ‘revitalise infrastructure’
By Catrin Jones04 September 2023
The President and Prime Minister of Serbia have announced investments in the country’s railway networks as part of a wider plan to revitalise infrastructure over the next four years.
The plan, which involves €12 billion (RSD1.41 trillion) in funding, is aimed at preparing for the Expo 2027 in Belgrade.
The new railway projects include completing railway station projects in Prokop and Novi Beograd, constructing an 18km double-track electrified railway in Belgrade, and developing transport links along the Danube to Prahovo.
Additionally, the government leaders announced the construction of the Belgrade metro, with the first line expected to be operational by the end of 2028.
The new infrastructure projects come after Serbia received up to €1.1 billion in financing from the European Investment Bank’s EIB Global towards the Belgrade to Niš section of the pan-European Railway Corridor X.