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EUR 2.5 billion railway projects for modernising Serbia’s transport infrastructure

Serbia is implementing railway projects worth EUR 2.5 billion, stated the Deputy Prime Minister and Minister of Construction, Transport and Infrastructure Zorana Mihajlovic during her opening speech at the South East Europe Strategic Alliance for Rail Innovation (SEESARI) conference. The current value of the projects amounts to EUR 1.5 billion, while the construction of the Belgrade-Budapest railroad will increase the value by another approximately EUR 1 billion.

According to Mihajlovic, the goal is that Serbian Railways becomes a modern company with a modern infrastructure, which is why reforms, rehabilitation of railway lines and construction of new tracks have been started.

The purpose and aim of the SEESARI is to develop, update, link and to innovate the transportation network in South Eastern Europe (SEE) with a specific focus on rail in close cooperation and cooperation. The conference, organised by the International Union of Railways (UIC), Serbian Railways and Traffic Institute Ljubljana, gathered more than 60 participants from almost 40 railway companies, organisations, institutions and companies from all over Europe.

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