Serbia has managed to reduce the cost of building the Corridor 10 highway by €80 million. These funds will instead be used to pay for upgrades and improvements needed for the second section of the highway project, close to Neradovci. So far some 180km of the Corridor 10 highway has been built over a 40 month time frame. A further 150km of the highway has still to be built. Work on the Corridor 10 motorway is also being financed by the 1166 European Bank for Reconstruction and Development and the state budget. When Corridor 10 is complete it will provide a valuable transport link for Serbia to its neighbours and also for the region.
Work on the 40km Belgrade ringroad section of the Corridor 10 highway is due to be completed by May 2012, six months before the deadline. The ringroad runs from Batajnica to Bubanj Potok and work is being carried out by the Austrian company945 Strabag.
The construction work includes building two viaducts, each 1.5km long.
In July 2009, the2332 World Bank (WB) approved a total of €299 million for construction of the Corridor 10 highway. The WB will allocate €100 million for road maintenance, rehabilitation and road safety improvements in Serbia. Funding will be approved as part of the WB's four year partnership strategy between 2012 and 2015. During the mentioned period, the WB is planning to secure between €462.5-617 million for financing in Serbia. In addition, the Serbian Government has awarded construction of two 25km sections of the Belgrade-Cacak highway project to contractors from Azerbaijan and Russia.
The Obrenovac-Ub to Lajkovac-Ljig section is being handled by a Russian firm, while the Ljig to Cacak stretch is being offered to a firm from Azerbaijan. Some 180km of the highway has been completed.
The tender process for a further 150km of the highway is still underway at present. The Belgrade-Cacak motorway project is estimated at €500 million.
Austrian construction company3976 PORR is planning to participate in new tenders for construction of the Corridor 10 motorway and the environmental protection projects. The company successfully completed construction of the Ada Ciganlija Bridge in Belgrade, worth €120 million, and construction of a new transportation node worth €70 million. However, Porr will continue with the arbitration process to claim €70 million for cancellation of the concession deal, for the Horgos-Pozega highway.
Work on the 40km Belgrade ringroad section of the Corridor 10 highway is due to be completed by May 2012, six months before the deadline. The ringroad runs from Batajnica to Bubanj Potok and work is being carried out by the Austrian company
The construction work includes building two viaducts, each 1.5km long.
In July 2009, the
The Obrenovac-Ub to Lajkovac-Ljig section is being handled by a Russian firm, while the Ljig to Cacak stretch is being offered to a firm from Azerbaijan. Some 180km of the highway has been completed.
The tender process for a further 150km of the highway is still underway at present. The Belgrade-Cacak motorway project is estimated at €500 million.
Austrian construction company
