The new ringroad around Novi Sad in Serbia is now open to traffic. The 8.5km link forms part of the E75 Novi Sad-Belgrade highway. Construction is estimated to have cost some €102 million and included rebuilding the Beska Bridge. Funding was provided by the 1054 European Investment Bank (EIB). In all some €207 million has been spent in the 2006-2010 rebuilding 2,000 roads in Serbia.