EU Approves Project of Reconstruction of Railway from Bar to Serbian Border – Total Value of Investment EUR 40.2 Million
– Through the fifth invitation for investment grants for the co-financing of project, the project application for the project of reconstruction and modernization of the railway Vrbnica-Bar, Serbian state border, has been approved. The total value of the investment is EUR 40.2 million – says the document published on the Government's website.
Of this, as said, the EU has provided a grant of EUR 20.1 million, whereas the rest is to be financed through the credit of the European Investment Bank (EIB).
– Although the project was rated positively, due to a large number of applications from the region and the limited budget, the final decision on whether the funds are to be set aside from the EU budget for 2020 or 2021 will be reached by the end of the year – the document says.
Furthermore, as said, the sixth invitation for the co-financing of investments in the fields of transport and energy has opened, and project applications may be sent by December 31, 2020.
– The decision on the financing of project will be reached at the meeting of the Managing Board, which is planned for the end of 2021. Also, the decision on the opening of an invitation will be adopted at the next meeting of the Managing Board, planned for December 2020 – says the document adopted by the Government in the section pertaining to IPA projects 2014-2020.
Most Important News
06.04.2024. | Agriculture
Preconditions for Placement of Fresh Blueberries and Dried Plums in Chinese Market Secured
16.04.2024. | News
Jovan Ciric, Leasing Director Retail MPC Properties – MPC Echo symbolizes our desire for good ideas and innovative endeavors to spread freely and bring about positive changes
16.04.2024. | News
10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture
Creative Industry – What This Serbian Economy Sector Worth EUR 2 Billion Encompasses
10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture
22.04.2024. | Industry, Transport
Serbia to develop project of “flying taxis” for EXPO with Airbus – Signing of memorandum announced
22.04.2024. | Industry, Transport
16.04.2024. | News
Economy Fair in Mostar opens – 26 companies from Serbia exhibiting
16.04.2024. | News
22.04.2024. | Transport
City of Belgrade selling garages – Initial price EUR 7,000
22.04.2024. | Transport