07 Dec 09

Belgrade-Bar Road Construction Starts in 2010

Serbia's Minister of Infrastructure Milutin Mrkonjic said the construction of Belgrade-Bar highway, part of the pan-European Corridor 11 will start next year.
Bojana Barlovac
Upon visiting works on the road section in the town of Kraljevo on Saturday, Mrkonjic told reporters that 20 million euros have been set aside in the state budget for that purpose.

"I believe that Serbia needs to have access to the sea in a political sense as well... I suggested it to be the port of Bar, and since Miodrag Kostic, one of the most important private businessmen in the country took over the coordination of the work, it means that there is an economic interest," Mrkonjic said.

He went on to say that the state has let its businessmen to understand the necessity of the construction of Corridor 11, which goes from Timisoara to Bar, in order to invest in its construction.

"We let the businessmen understand the importance of the work, then the state will back them with as little as possible money, of course, as the state doesn't have it a lot," he said.

Mrkonjic pointed out that the construction of Corridor 11 is a "very profitable project," because the Belgrade-Bar railway and the port of Bar are inseparable parts of one whole.

Earlier this year, the minister unveiled Serbia's interest in acquiring the Port of Bar in Montenegro once the company is offered for sale stressing that Serbia's industry has no access to the sea without it. The Montenegrin government was expected to open a tender for the company's sale by the end of the year.

Talk about it!

blog comments powered by Disqus

Premium Selection

bulgaria-pays-the-price-for-friendship-with-turkey-08-22-2016
22 Aug 16

Bulgaria Pays the Price for Friendship with Turkey

Bulgaria complied with demands for extraditions of opponents of the Turkish government, hoping to prevent Ankara unleashing a new refugee influx, but Sofia is risking its relationships with Western allies, experts warn. 

bujar-nishani-albania-s-accidental-president-08-18-2016
22 Aug 16

Bujar Nishani: Albania’s Accidental President

The surprise winner of the 2012 presidential election, Nishani’s time in office has been marked by claims of political bias and bitter disputes with the government.

19 Aug 16

Dacian Ciolos: Romania’s Technocratic PM

19 Aug 16

Sarajevo Siege Film Explores Legacy of Trauma

15 Aug 16

Insiders’ Guide: Hidden Gems of the Balkans

Latest News from the Balkans

23 Aug 16

Kosovo Public Broadcaster Rocked by Explosion

22 Aug 16

Kosovo Rejects Serbia’s Wiretap Claims

22 Aug 16

Serbia Joins US Military Drills in Germany