ZS Requires $5.7bn for Corridor 10 Rail Line

Zeleznice Srbije, Serbia’s state-owned railway company, requires $5.7bn for the completion of its main rail corridor, Corridor 10, including documentation and expropriation costs. The project involves laying 750km of electrified double track line to achieve speeds up to 160km/h.

June 20, 2011 3:30 pm | Last Update: August 21, 2015 3:37 pm

Serbia’s state-owned railway company Zeleznice Srbije requires $5.7bn to complete its main rail corridor, Corridor 10, including the costs for documentation and expropriation.

Zeleznice Srbije is seeking a loan from European lending agencies and it has already started negotiations with the European Bank For Reconstruction and Development and the European Investment Bank to finance the project.

The project involves laying 750km of electrified double track line, which will allow trains to run at speeds of 160km/h.

TAGS: Corridor 10 Rail Line, serbia railway european railway corridors, serbia railway projects, zs railway news

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