Sitemap

Chinese PowerChina And French Alstom To Sign Agreement On Construction of BG Subway

More...

Connectivity For A Higher Quality Of Life

“Where there’s a will, there’s a way.” Perhaps...

Why Are So Many Serbian Doctors Dying Of COVID-19?

Serbia’s total death toll from coronavirus is...

Serbia’s EMS Acquires 5% Of Shares Of Montenegrin Power Transmission System

Transmission system operator (TSO) Elektromreža Srbije acquired...

Chairperson-In-Office Ann Linde Presents Sweden’s 2021 Priorities To Permanent Council

Over the coming year, the Swedish Chairpersonship...

News

Connectivity For A Higher Quality Of Life

“Where there’s a will, there’s a way.” Perhaps this was the motto of a group of friends from the Greek...

Chairperson-In-Office Ann Linde Presents Sweden’s 2021 Priorities To Permanent Council

Over the coming year, the Swedish Chairpersonship will do its part to ensure that the OSCE can make a...

Tokyo’s Covid Outbreak Adds To Doubts Over Hosting Olympic Games

A dramatic rise in coronavirus cases in Tokyo has reignited speculation about the Olympic Games, which are due to open...

Environmental Protection – EU-Serbia Cooperation

The year behind us was certainly challenging in terms of health protection. Healthy environment was an essential aspect of...

EU Commission Concludes Exploratory Talks With Valneva To Secure A New Potential Vaccine

European Commission concluded exploratory talks with the pharmaceutical company Valneva with a view to purchasing its potential vaccine against...

The joint agreement on the construction of the Belgrade Subway will be signed on January 22 between the Government of Serbia, City of Belgrade, the Chinese company PowerChina and the French company Alstom, Serbian Finance Minister Sinisa Mali told Tanjug, and Construction Minister Tomislav Momirovic expects the initial works to start in the third quarter of 2021.

In a statement for Tanjug, Momirovic says that it is still early to come out with deadlines, but adds that, according to certain estimates, the first subway line in Belgrade, from Makisko Polje to Mirijevo, could be finished within three years of the beginning of the works.

Mali says that a large number of visits of Serbian experts to France and vice versa is expected as soon as this February. French experts are already working on the project, he adds.

He also points out that Alstom is already working on the models and the specifications related to the subway system.

Mali also emphasizes that, around ten days ago, the interstate agreement on the realization of infrastructural projects with France was ratified. The agreement was signed on November 26, 2020.

The value of the agreement is EUR 581 million, of which EUR 127 million is meant for the upgrade of the efficiency of the power distribution network, whereas EUR 454 million is to be put into the construction of the first subway line.

Momirovic expects the first works in Makisko Polje to begin in the third quarter.

Regarding the French-Chinese cooperation on the project, Momirovic says that the optimal solution was sought, because, as he points out, the Chinese can be partners when it comes to the execution of the works because they offer the lowest price, and they can also provide favorable investment loans.

On the other hand, he adds, the French will provide the “brain of the system”, as they are very successful in that area.

Source: Tanjug, e-kapija, photo: Belgrade Subway

Related Articles

Serbia Is A New, Unlikely Oasis For NYC Residents Fleeing The City

An unlikely oasis has emerged for travel-starved New Yorkers who crave a change of scene: Serbia. “It reminds me of Williamsburg circa 2010,” said expat...

El Al To Launch Belgrade Flights

El Al Israel Airlines will inaugurate flights between Tel Aviv and Belgrade starting 1. november. The carrier will operate the service six times per...

Mayor: Zoran Radojičić

City Of Belgrade

Belgrade is the capital of Serbia. Its most significant landmark is the Beogradska Tvrđava Kalemegdan, an imposing fortress at the confluence of the Danube...

Canada

Rail Division of Bombardier to Be Sold to Alstom

French company Alstom announced last month it had agreed to buy the rail division of Bombardier, speeding up the Canadian firm’s fire sale. Alstom...

France, Germany Ramp Up Pressure Over Alstom – Siemens Deal

France and Germany raised pressure on the European Union’s competition chief to approve the merger of Alstom and Siemens’ rail businesses, warning that thwarting...