Serbia negotiating Chinese loan for new bridge

By Richard High21 April 2009

The Serbian government is negotiating a € 200 million loan with the Chinese government to construct a bridge over the Danube River in Belgrade, deputy prime minister Mladjan Dinkic announced on Monday, according to China Daily.

Deputy prime minister Dinkic was quoted as saying that if negotiations were successful then, "a Chinese company would build the bridge."

The Serbian capital Belgrade is divided by the Danube and Sava Rivers, with just four bridges, which results in severe congestion. The last bridge to be built was the Gazela bridge in 1971. It carries about 130000 every day, more than three times its designed capacity.

Deputy prime minister Dinkic also said that Serbia is seeking two loans from Russia, one to construct a metro in Belgrade and another to cover the budget deficit.

Latest News
Caterpillar unveils off-highway equipment batteries
Company to show prototypes during Bauma event
Bishop Lifting purchases Oregon-based Westech Rigging
Bishop Lifting Products has completed the acquisition of Westech Rigging Supply, with locations in Eugene and Salem. 
Danfoss to highlight technologies for construction machinery
Company will showcase Plus+1 autonomous systems, mobile hydraulics and Editron electrification portfolio