Czechs to modernize Kragujevac-Corridor X railroad

(Photo: Milica Stevuljević)

As the city administration announced, that document will be signed Wednesday in the Town Hall of Kragujevac, and one of the reasons for signing it is to enable modern, fast and safe transport of cars by rail to the Fiat automobili Srbija company.

Aside from the construction, that is, reconstruction of the Kragujevac-Corridor X railroad modernization of all facilities along that railroad and rail electrification, the company from Czech Republic is also ready to provide funding for these projects from Czech Export Bank under favorable terms.

The Memorandum of Cooperation for the modernization of the Kragujevac-Corridor X railroad will be signed by the representatives of OHL Zs and the officials of Kragujevac, Batocina and Lapovo.