RZD International and Serbia’s CIP Institute of Transport signed the Agreement on preparation of the Main project of reconstruction and construction of Stara Pazova–Novi Sad two-track railway.
The Deputy Prime Minister and Minister of Construction, Transport and Infrastructure, Zorana Mihajlovic attended the event and stated that the value of the elaboration of the project is USD 9 million, and the value of the entire investment is USD 450 million. She also underlined that the main project should be completed in June 2015, followed by four months of testing, after which the construction will start which should last 30 months.
The 40 km Stara Pazova–Novi Sad railway line will be the first in Serbia and the region designed for speeds of 200 kilometers per hour. The trip from Belgrade to Serbia on this railway will take 30 to 40 minutes.