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Tadic: Serbia will do everything to realize planned infrastructure projects

15. July 2011. | 13:59 14:07

Source: Tanjug

Tadic told reporters that an agreement on a Russian loan to Serbia had been reached during the visit of Russian president Dmitry Medvedev to Belgrade in October 2009, adding that Serbia had so far got EUR 200 million and that the remaining part of the loan had been intended for infrastructure, particularly for railways.

Serbian President Boris Tadic said Thursday that Serbia would do everything to facilitate the implementation of all planned infrastructure projects.

Tadic told reporters that an agreement on a Russian loan to Serbia had been reached during the visit of Russian president Dmitry Medvedev to Belgrade in October 2009, adding that Serbia had so far got EUR 200 million and that the remaining part of the loan had been intended for infrastructure, particularly for railways.

The infrastructure part of the loan has not yet been realized and the key problem lies in the fact that Serbia has not been carrying out any infrastructure projects in years, Tadic told journalists in the town of Svilajnac in central Serbia.

He said that Serbia would in 2011 near the completion of highway construction projects on Corridor 10 and Corridor 11 highway in the section through western Serbia toward the central Serbia city of Cacak.

Head of the Serbian government media relations office Milivoje Mihajlovic said Thursday that the government session on the same day had not touched on the USD 800 million loan for railway projects in Serbia, but added that the funds would be arriving as the projects they were intended for were being carried out.

At a press conference after the government session, Mihajlovic said that the agreement on the loan had been made between the finance ministries of the two countries and that the relevant projects were now expected to be finalized.

Serbian Minister of Infrastructure and Energy Milutin Mrkonjic and President of the state-owned Russian Railways Vladimir Yakunin signed a protocol on the implementation of the Russia's phased loan in Belgrade on April 15.

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