Agreement on new dispatch center for railway traffic signed – Russian loan extended until Medvedev's visit

Source: Beta/Tanjug Tuesday, 20.09.2016. 10:20
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The agreement on designing a unified dispatch center for managing railway traffic in Serbia was signed today at the Government of Serbia, and the value of the agreement is around USD 1 million.

The agreement was signed by the general manager of the Institute of Transportation CIP, Milutin Ignjatovic, and the deputy director general of the Design Institute NIIAS, Andrey Pavlosky.

Minister of Construction, Transport and Infrastructure Zorana Mihajlovic stated after the signing that the new dispatch center would allow for the management of the entire railway traffic system in Serbia.

She pointed out that the estimated investment value of the dispatch center was USD 20 million, but that the actual value would be known only after the technical documentation had been prepared.

According to her, the Serbian Railways need the new center, since the current one is over 30 years old.

– If we want to develop, to connect the railways, and connect to the region in a proper way, we need a modern center – Mihajlovic emphasized.

The first vice president of the Russian Railways, Alexander Misharin, pointed out that the new dispatch center would be very important to the Serbian Railways and that it would contribute to reducing expenses, increasing efficiency and making the railway traffic more attractive.

Extension of the Russian loan until Medvedev's visit

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Zorana Mihajlovic says that the extension of the Russian loan will have been agreed on before the October visit of the prime minister of Russia, Dmitry Medvedev.


The withdrawal deadline for the Russian loan is the end of 2017, and the Ministry of Construction, Transport and Infrastructure has announced that it will be extended by four years, i.e. until late 2021.

Mihajlovic said that annexes to the agreement on projects worth USD 760 million had been signed and that 40-45% of it had been withdrawn up till then, since certain projects were not yet finished.

The Russian loan is meant for the modernization and the construction of the Pancevo railway, six sections of Corridor 10, the reconstruction of the Bar railway from Resnik to Valjevo, the Stara Pazova-Novi Sad railway and designing the new dispatch center, as well as for the procurement of 27 new diesel engines from Russia.
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