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Project reports

21 Jun 06

Serbia receives US$88 million loan for city bridge

The European Bank for Reconstruction & Development has is lending Serbia's capital Belgrade US$88 million to build a bridge linking the city's old and new districts.The investment will fund a 280m-long cable-stayed bridge. Belgrade currently has only two functioning road bridges connecting the old and new parts of the city. EBRD deputy director for municipal and environmental infrastructure Henry Russell said that the investment is a key part of Belgrade's strategy to improve traffic flow, cut pollution and address a long-standing problem in the city.

#Cable-stayed #Finance
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World Bank gives reasons for cancelling Padma Bridge loan image

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Latest News

  • Bridge demolition shows true meaning of “Germany’s speed”
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