Chinese bank to grant 200m EUR to Serbia - 54.5m EUR for Kragujevac's southern bypass

Chinese Export - Import Bank will grant the loan of 200m EUR to Serbia, 145.5m EUR of which will be set aside for construction of Zemun – Borča bridge, while the remaining 54.5m EUR will be, most probably, granted to Kragujevac for construction of its southern bypass.

By the way, this loan will be approved to Serbia under very favorable terms, with the grace period of three years and fixed interest rate of 3% on annual basis.

Vlada Republike Srbije

Ambasada NR Kine Beograd

Grad Kragujevac

Government of Serbia

Export Import Bank

Zemun Borča bridge

Embassy of China to Belgrade

City of Kragujevac