Serbian government approves Chinese loan for construction of Obrenovac-Ljig stretch

from a government session (Photo: srbija.gov.rs)

At its today's session, the Serbian government adopted a Draft Law on the confirmation of contract on the loan of China's Export-Import Bank (Exim Bank) for the privileged buyer for the construction of the Obrenovac-Ljig stretch on Corridor XI highway, it was announced on the official website of the government.

China's Exim Bank granted a USD 334 million loan to Serbia in June 2013 for the construction of Corridor XI stretches between Obrenovac and Ub and between Lajkovac and Ljig.

As it was announced earlier, the Lajkovac-Ljig stretch will be built by the Chinese state company Shandong Highspeed.