The European Investment Bank (EIB) has expressed interest in providing financing for the construction of a railway bypass around the city of Nis, Serbia’s government said.
Serbia could obtain non-repayable funds for the construction of the Nis railway bypass, which has a total value of around 87 million euros, the head of the EIB Regional Representation for the Western Balkans, Dubravka Negre said.
Nis is surrounded by a triangular network of railway lines, which causes congestion and low speeds. With the construction of the bypass around the city, the government aims to improve the efficiency of transport, reduce traffic congestion and move freight traffic out of the city centre.
In 2013, Serbia’s government signed a 942,695 euro contract with a consortium of Serbia’s COWI, Italy’s NET Engineering and Czech Republic’s Sudop Praha for the preparation of an Environmental Impact Assessment (EIA), a feasibility study and a general design of the railway bypass.
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