Price of Construction of BG Subway Might Increase Again – Building of First Two Lines to Cost Over EUR 5 Billion?
– If you look at the first two lines alone, that could be 4 billion and 600 thousand, and knowing how the prices of building materials are growing, it will go over 5 billion, which is an incentive for the further growth and higher salaries – Vucic said.
Recently, the director the PUE Beogradski metro i voz, Stanko Kantar, hinted for eKapija that the increase in the prices of building materials could lead to an increase in the price of the subway construction.
– A change in the price of construction materials, labor force, economic and other factors can influence the price of the construction of the subway, as well as any other construction project. To what extent this will influence the Belgrade subway will only become apparent after the detailed analyses that are being done now and that are yet to be done – Kantar told our portal.
Let us remind that the deputy mayor of Belgrade, Goran Vesic, recently said that EUR 4.6 billion would be set aside for the first two subway lines and that the Government of Serbia would finance the project.
– EUR 4.6 billion for the first two subway lines, that’s four annual budgets of the City of Belgrade. The city could not finance it by itself – Vesic said.
A year ago, according to the announcements made by Vesic at the time, the price was lower by EUR 200 million.
– The Belgrade Subway project is worth EUR 4.4 billion. The first line is worth EUR 1.8 billion, and the second is worth EUR 2.2 billion – Vesic said in October 2020.
At the end of December 2018, when the company for the construction of the subway system was founded by a decision of the City Assembly of Belgrade, Vesic stated that the total value of the works would amount to EUR 3.6 billion, of which the first phase was supposed to cost EUR 1.3 billion.
Naš izbor
Most Important News
11.03.2024. | Healthcare
Are Marketing Experts Reading Our Minds? – eKapija Investigates: What Neuromarketing Is and How Much It Is Used in Serbia
11.03.2024. | Construction, Transport
Tender for Continuation of Construction of Patrijarha Pavla Blvd Stopped – Contractors Demanding Price Higher Than Estimated
11.03.2024. | Construction, Transport
11.03.2024. | Construction, IT, Telecommunications
Auction for 5G Network by End-Year, Minister Announces
11.03.2024. | Construction, IT, Telecommunications
26.03.2024. | Transport
Tender for Expert Supervision Over Planning and Construction of New Railroad Jovanovac – Cvetojevac Junction – Sobovica Published
26.03.2024. | Transport
17.01.2024. | Industry, Healthcare
Ceremony of Opening of Centers of Excellence in Kragujevac Planned for Spring – Official Beginning of Operations in June
17.01.2024. | Industry, Healthcare
26.03.2024. | Construction, Transport
Fast Railroad from Belgrade to Subotica Might Be Opened as Soon as December
26.03.2024. | Construction, Transport