Kraljevo, Dec 7th, 2009 (Serbia Today) – Serbian Prime Minister Mirko Cvetkovic said that the main priority in the Government’s economic policy for the next year will be the construction of Corridor 10, from the Hungarian to Bulgarian border, which will boost economic activity and create new jobs.
Cvetkovic said that funds have been already earmarked in the 2010 budget for continuation of construction of the northern section of Corridor 10, towards Hungary, while the eastern section towards Bulgaria will be built with the loans from the World Bank, the European Investment Bank and grants from the Greek government’s Hellenic Plan for the Balkans.
The ring road around Belgrade will be completed next year with the funds from the budget, Cvetkovic said, and the construction of a main road towards the southern Adriatic will begin.
As for the railroad infrastructure, the Prime Minister said that negotiations are being held with representatives of Russia on an important loan for railroad improvement. He added that most funds from that loan will go to railroad around Belgrade.
Minister of Infrastructure Milutin Mrkonjic said during his recent visit to Kragujevac that construction of Belgrade-Bar highway on Corridor 10 will start next year, adding that EUR 20 million has been set aside in the State budget for that purpose.
While visiting work sites on the section of the road leading to Kragujevac, Mrkonjic told reporters in Kraljevo that construction of the Corridor 10 highway heading towards Port Bar in Montenegro is important both from the economic and political point of view.
The Minister of Infrastructure said that construction of Corridor 10 is a very profitable project because the Belgrade-Bar railway and Port Bar are inseparable parts of one whole regional economic zone. Creating this artery will help business all along the intended path to develop and find markets for their products. Investment in the areas along Corridor 10 will also do much to stimulate the local economy.
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