JSC Infrastructure Railways of Serbian and Russian Railways’ (RZD) subsidiary RZD International have signed an agreement to re-build and modernise three more sections of Corridor 10 in southern Serbia.
The three sections of Pan-European Transport Corridor 10 have a total length of more than 46km.
Go deeper with GlobalData
Under the agreement, rail infrastructure will be reconstructed in Vinarci-Djordjevo, Vranjska Banja-Ristovac and Bujanovac-Bukarevac sections.
Scheduled to begin in the first quarter of next year, work under this $26.4m project includes complete replacement of the lower track structure, and rebuilding of the signalling system, telecommunications and contact network.
The works will be financed by a Russian loan of $800m for the modernisation and construction of the Serbian rail lines.
See Also:
By using advanced technologies on the track, RZD International will help increase the performance and reduce the time of the work.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataIn 2013, RZD International has signed a contract with Serbian Railways to carry out the reconstruction of its railway infrastructure and deliver new diesel trains.
The 2013 contract came after Russia approved a $800m export loan to Serbia in January that year.
Work included the modernisation and electrification of 16km of second track on the Belgrade – Pancevo line and the reconstruction of six sections comprising 112km on the Pan-European Corridor 10.
The project also involved reconstruction of the Serbian section of the Belgrade – Bar railway line with a total length of 200km (Belgrade – Vrbnitsa), and supply of 26 diesel trains produced by Metrovagonmash OJSC (Russia).
Image: Officials of both RZD International and JSC at the signing of the agreement. Photo: courtesy of JSC Russian Railways.
