Serbian delegation in China signs Memorandum on construction of two sections at Corridor 11 - Work totals EUR 209 m

Prime Minister of Serbia, Aleksandar Vucic, said on Thursday, November 26, 2015 that in China Memorandum on construction of two sections at Corridor 11 and specified that price of app. EUR 209 m was agreed with the construction of a bridge of 17,8 m long at Surcin-Obrenovac section. Vucic said for RTS that he will still discuss with the prime minister of China, Li Keqiang additional more favorable terms and said it is an extremely favorable loan with a significant grace period.
- We agreed the price of app. EUR 209 m with the construction of a bridge of 17,8 m long and we succeeded to decrease the price dramatically - the prime minister said.

He mentioned that the Chinese are also interested in ports as well and they discussed with their China Harbour Engineering Company as well as with CRBC with respect to industrial park which is extremely important for us.

In that sense, Vucic said he talked with the prime minister of Montenegro, Milo Djukanovic and asked whether they would be fine if Serbia shows interest in purchase of shares at Port of Bar and received an answer they would be fine with it.

Vlada Republike Srbije

Government of the People's Republic of China

CRBC Bejing

Luka Bar a.d. Crna Gora

Aleksandar Vučić

Corridor 11

bridge Surčin Obrenovac

Vlada Kine

Li Keqiang

loan

Beograd Čačak highway

China Harbour Engineering Company

CRBC

luke

industrial park

Milo Đukanović

Luka Bar