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15. April 2010.
A contract was signed in Belgrade today between Serbia officials and representatives of a Chinese company that will build a new bridge over the Danube.
Serbian Minister for the National Investment Plan (NIP) Verica Kalanović, Belgrade Mayor Dragan Đilas, and Vice President of CRBC (China Road and Bridge Corporation) Lu Shan signed the document.
CRBC will build the 1.5 kilometers bridge across the Danube River in Belgrade, which is to connect Zemun and Borča municipalities.
Kalanović announced at the Serbian parliament, where the contract worth EUR 170mn was signed, that the construction of the bridge should begin in September, adding that this infrastructural project is expected to be completed by the end of 2013.
Serbian Deputy Prime Minister and Economy Minister Mlađan Dinkić, who attended the signing today, stated that this project is very significant for Belgrade and Serbia, since according to the agreement, a total of 45 percent of the works will be carried out by the Serbian construction companies and construction materials manufacturers.
NIP will provide fifteen percent of funds, and the rest of the money will be secured by the Chinese Exim bank, whereas the costs of expropriation and technical preparation will be financed by the city.
The project also envisages the construction of access roads in the length of 21.5 km.