European Commission approved € 1.7 billion for Corridors E-7 and E-10

Deputy of Serbian Minister of Capital Investments, Miodrag Jocić, confirmed that the necessary support had been obtained from European Commission for the projects for construction of traffic corridors E-7 and E-10 worth € 1.7 billion.

Corridor E-7 refers to the Danube and navigable course on that river through Serbia, whereas E-10 is road and railroad corridor.

The projects will be financed by European Investment Bank, European Bank for Rehabilitation and Development, World Bank and Republic of Serbia.