Serbia Receives EBRD Loan for Railway Modernization to Improve Infrastructure

The EBRD has provided Serbia with a loan of 50 million euros for the modernization of its railway infrastructure. This was reported by the railway transport news portal Railway Supply.

These funds will be used to purchase materials needed for the renewal of the railway track superstructure on sections spanning 194 kilometers. The project is expected to be completed within two years. The Serbian Ministry of Finance has signed the loan agreement with the EBRD.

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Currently, Serbia is reconstructing railway sections totaling approximately 1,100 kilometers. In the future, the country plans to modernize or build up to 2,000 kilometers of railways. These measures aim to improve the safety and reliability of transport, as well as increase freight and passenger rail traffic. It is expected that this will reduce the load on other modes of transport and improve population mobility.

The EBRD is one of the largest investors in Serbia. The total volume of the bank’s investments exceeds 9 billion euros, of which 1.1 billion euros have been allocated to the railway sector. Additionally, a significant portion of the EBRD’s funds is directed towards supporting private entrepreneurship and the development of green energy and infrastructure projects.

Serbia has been actively cooperating with the EBRD for many years, contributing to the sustainable development of the country’s transport system.

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