China company to revitalize Serbian railways

BELGRADE - "Serbia has a lot of trust in Chinese construction companies, and I am sure that they will do this job well" said Milutin Mrkonjic, Serbian Minister of Transport Saturday after signing a memorandum of understanding with Beijing based Chinese Construction Communication Company International .

This document stipulates participation of Chinese construction giant in reconstruction of Serbian railways, with priority on Pan European Transport Corridor 10, from Subotica to Novi Sad in the North of Serbia, and from Nish to Dimitrovgrad in the South East of the country, same as revitalization of 476 kilometers long railway connecting Serbia and Montenegro from Belgrade to Adriatic Port of Bar.

"The parties will try to joint efforts to provide the necessary financial resources, through export credit or other type of funding, for projects in the field of railway infrastructure in Serbia," according to the document.

Minister Mrkonjic said that Chinese construction companies have passed the test in Serbia by progress made in building the bridge over Danube in Belgrade - a job done by China Road and Bridge Corporation a subsidiary of CCCC International, according to Tanjug news agency. Director of CCCC for Europe and Central Asia Hu Bin said that their Company is very much interested in wining the job on railway part of Pan European Transport Corridor 10 through Serbia, same as other railway lines.

" We are very grateful to Minister Mrkonjic for giving us a chance to do the rehabilitation and upgrading of Serbian railways on Corridor 10, and other railway lines which are, we think, are going to play a great role in economic and social development of this region and Serbian nation" said Hu Bin.

Milan Maksimovic, in charge of infrastructure on Serbian Railway said there is keen interest on their side for participation of Chinese companies on work on railway Corridor 10 and specially regarding South ring railway around Belgrade, from Beli Potok, to Vinca and Pancevo - which new Bridge over Danube build by CRBC is integral part of.