The first activities of the project for the modernization of the railway Belgrade – Budapest on Corridor 10are expected in the 2015, announced Transport Minister Aleksandar Antic. He also declares that it was important for Serbia’s railway Corridor 10 to be highly competitive, especially since strong competition is represented by Corridor 4.
The planned upgrade should allow the Belgrade-Budapest railway to accommodate train speeds of up to 200 kilometres per hour.
Antic said preliminary estimates show that the works on the modernisation of the Stara Pazova-Novi Sad section of the railway would require some 350 million euro ($479.5 million) while the Novi Sad-Hungarian border stretch would cost more than 500 million euro.
On the Hungarian side, the upgrade costs would be almost twice as high due to the poorer condition of the infrastructure there, Antic added.
The Serbian side is insisting that the railway be designed for both cargo and passenger traffic in view of the great development potential of freight haulage going forward.