Azerbaijan to provide EUR 210 million loan for construction of high speed route Ruma-Sabac-Loznica?

Azerbaijan is ready to provide a loan of EUR 210 million for the realization of the project of the construction of the high-speed rout Ruma-Sabac-Loznica, Azerbaijani Ambassador Eldar Hassanov said at today`s meeting with Serbian Minister of Construction, Transport and Infrastructure Zorana Mihajlovic and added that the two sides should soon agree the details of the funding.

As reported on the ministry`s website, there was talk at the meeting about the project of the construction of the Ruma-Sabac highway and the high-speed route Sabac-Loznica, as well as the construction of the bypass route around Belgrade.

– The construction of the high-speed route Ruma-Sabac-Loznica is one of the most important projects we are initiating. With our Azerbaijani partners, we will start negotiating the funding of this project. We will first sign a commercial agreement and then an agreement on the financing – Mihajlovic stated.

She also said that it was very important for Serbia for the bypass route around Belgrade to be completed and that she expected the Azerbaijani company Azvirt to be a partner in the realization of this project.

Ministarstvo građevinarstva, saobraćaja i infrastrukture Republike Srbije

Ambasada Republike Azerbejdžan Beograd

Azvirt Beograd

Ministry of Construction Transport and Infrastructure of Serbia

Embassy of Azerbaijan in Serbia

Zorana Mihajlovic

Eldar Hassanov

Ruma Sabac highway

Sabac Loznica high speed route

Ruma Sabac Loznica high speed route

bypass route around Belgrade

Azvirt