Sitemap

Cooperation With IFC On Port And Infrastructure Development

CorD Recommends

United States Adds $18 Million In New Funds To Development Partnership With Serbia

Today, the United States Government, through the...

Montenegro Nominated for Europe’s Most Desirable Destination Award

Montenegro has been nominated for the prestigious...

Serbia Signs Memorandum on Nuclear Energy Development

In a significant move towards modernizing its...

H.E. József Magyar – The Western Balkans is a Priority

The Hungarian Embassy in Belgrade hosted a...

Italy’s Population of Nonagenarians Set to Surge

The number of Italians aged 90 and over is expected to reach one million in the next three years,...

Paris Mayor Swims in the Seine to Demonstrate River’s Cleanliness Ahead of Olympics

Paris Mayor Anne Hidalgo has made a splash by swimming in the Seine to showcase the river's cleanliness ahead...

Air Serbia Welcomes First Female ATR Captain

Air Serbia has proudly announced the appointment of Vanja Marceta as the first female captain in its ATR fleet,...

Tetra Pak Appoints Alex Henriksen as New Managing Director for Eastern Europe

Tetra Pak announced today the appointment of Alex Henriksen as the new Managing Director for Eastern Europe, effective 1st...

Andrej Plenković Re-Elected as HDZ Leader with Overwhelming Majority

Andrej Plenković has secured another term as the leader of the Croatian Democratic Union (HDZ), winning 84,786 votes in...

Serbian Minister of Construction, Transport and Infrastructure Tomislav Momirović, and  regional manager for central and south-east Europe of the International Finance Corporation (IFC), Ary Naim, have signed an agreement on cooperation in preparing Public-Private Partnership (PPP) Projects for infrastructure.

Through this agreement, the International Finance Corporation will cooperate with the Ministry of Construction, Transport and Infrastructure on developing high quality documentation for PPP infrastructure projects, and will bear 80 percent of the costs.

Momirović pointed out that this agreement lays the foundations for the full utilization of all transport capacities and positioning Serbia as an important traffic hub.

“To achieve this goal, we have to carry out some important projects to develop river and air traffic, which is why signing this document is very important”, said Momirović.

He judged that Nikola Tesla airport, which has had good results despite the pandemic, is an example of a good concession, observing that in Serbia, ports must by law be developed through concessions.

Momirović said that inter-modal terminals will soon be considered for development according to the PPP and concession model.

“In cooperation with the IFC, our country will receive the highest quality concession documentation for PPP projects. The first two projects are the ports of Prahovo and Bogojevo”, said Momirović.

Read more...

Tomislav Momirović, Serbian Minister Of Construction, Transport And Infrastructure

Transport Connectivity Opens The Door To Developmen

Despite the numerous challenges being faced by Serbia and the rest of the world as a consequence of the energy crisis and the conflict...

Serbia, Slovenia And EU Establish Regional Electricity Exchange

ELES and EMS, transmission system operators from Slovenia and Serbia, together with the European Electricity Exchange EPEX SPOT, will establish the first regional electricity...

The Minister also said that Serbia will have the IFC as concession advisor, and that their global reputation will additionally attract large international companies in concession procedures.

He also pointed out that Serbia is slowly entering the final phase of building basic traffic infrastructure, and that by connecting ten highways and expressways, we are effectively connecting with the entire region and the EU, but also within our country itself.

Photo: mgsi.gov.rs

Related Articles

United States Adds $18 Million In New Funds To Development Partnership With Serbia

Today, the United States Government, through the United States Agency for International Development (USAID), announced an additional $18 million in assistance to Serbia, as...

Inside the Worlds of Coachella and EXIT

Coachella and EXIT stand out as two of the most electrifying music festivals, each boasting its unique flair while sharing some striking similarities Two names...

Trade Exchange

New Chapter in Economic Cooperation

Nothing will redefine French-Serbian economic relations like high technologies, which will give them a completely new dimension. It is now already certain that links...

Medtronic to Launch Operations in Serbia with Strategic Bio4 Campus Partnership

American medical technology giant Medtronic is set to establish operations in Serbia following a memorandum of understanding signed with Serbia’s Ministry of Science, Technological...

Over 150 Companies Attend French-Western Balkans Forum in Belgrade

Yesterday in Belgrade, the French-Serbian Chamber of Commerce, in collaboration with the French Embassy and French Trade Advisors, launched the two-day 'FRANCE - WESTERN...

By Emmanuel B. Nyirinkindi, IFC's Vice President of Cross-Cutting Solutions

Public-Private Partnerships Key to Serbia’s Green Future

Five years ago, dark, polluted water with a foul smell trickled down from the Vinča landfill, sending toxic pollutants into the Danube. The landfill,...

German Companies Seek Suppliers from the Western Balkans

In Munich, 99 suppliers from the Western Balkans, including 22 from Serbia, engaged in talks with representatives from 20 German companies.  The meetings are part...

Belgrade Prepares for Expo 2027 with a Focus on Play and Creativity

Belgrade is gearing up to host the Specialized Expo 2027, a global event set to captivate the world from May 15 to August 15,...