Serbian minister says White House Agreement brings billions in investments

NEWS 08.09.2020 19:09
Source: Tanjug/Ministarstvo saobraćaja/Aleksandar Stojanović

Serbian Construction, Traffic and Infrastructure Minister Zorana Mihajlovic said on Tuesday that the White House Agreement could bring up to four billion Dollars in new investments.

She said that the Nis-Merdare-Pristina highway would be built and that a tender will be called in October or November for the construction of the first 33 kilometer section of the highway.  

“We have secured 40 million Euro in grants from the European Union, we have signed an agreement with the European Investment Bank for 100 million Euro and are soon to sign an agreement with the EBRD for the rest of the money,” she is quoted as saying in a ministry press release.

She said that talks would be held with the US International Development Finance Corporation to finance the other sections of the highway.