Parliament of Serbia ratified 4 international financial contracts, worth 186m EUR, for infrastructural projectsd

The Parliament of Serbia adopted 186m EUR worth of four international financial contracts for infrastructural projects.

These are the loans for the bypass around Belgrade, refurbishment of "Gazela" bridge, construction of 500 apartments and improvement of ecology in the vicinity of steam power plants.

The representatives ratified the Frame contract on the loan of 10m EUR, which was signed by Serbia and the Development Bank of the Council of Europe. That money will be used for development of 500 apartments, 400 of which will be for refugees and 100 for socially endangered people.

The value of the Contract on guarantee between Serbia and European Investment Bank "Bypass around Belgrade" is 60m EUR and it will be approved to Public company "Putevi Srbije". That money will be spent on the works on section A of the bypass around Belgrade and construction of 10 km of road between Batajnica and Dobanovci.

The representatives also ratified the Contract on allotment of Serbia's guarantee to German finance institution KfW, worth 36m EUR. The aim of this contract is rehabilitation of the remote heating system in steam power plants "Nikola Tesla" and "Kostolac".