Chinese companies sign Serbian railway upgrade agreement

An agreement for the modernisation of the Novi Sad to Subotica line was signed by Serbia’s Ministry of Construction, Transport & Infrastructure, China Railway International and China Communications Construction Co.

SERBIA: A €943m agreement for the modernisation of the 108 km section of the Beograd – Budapest corridor between Novi Sad and the Hungarian border at Subotica was signed by Serbia’s Ministry of Construction, Transport & Infrastructure, China Railway International and China Communications Construction Co on July 7.

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