Underground passages in Belgrade to be put up for concession – Maintenance agreement with private partners for 25 years

Source: RTS Thursday, 05.09.2019. 09:34
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(Photo: Aleksandar Parezanović)
The passages beneath the busiest Belgrade streets are functional, but are often flooded after it rains. The city has decided to address the problem and install equipment traffic control to be used by the city, through a concession investment, that is, a public-private partnership.

Dusan Rafailovic, the city secretary for traffic, says that the subject of the concession is, among other things, to fix parts of underground pedestrian passages.

– The subject of the concession is financing, procurement, construction, installation and connection of elements of urban equipment in the public interest of the city of Belgrade, fixing parts of underground pedestrian passages, replacement of the existing escalators and the installation of new ones, maintenance and installation of new elevators for the disabled... – Rafailovic explains.

The concessionaire will get the right of using digital panels as ad space for commercial purposes. The city will be able to use those screens to broadcast information important to the citizens of Belgrade.

The concession is given for a period of 25 years, and the concessionaire will invest funds in the reconstruction of underground passages and equipment and pay the city a concession fee, Rafailovic said.


– The total value of the project is estimated at EUR 35,249,596. The concessionaire has an obligation to pay a concession fee amounting to EUR 12,481,375 – Rafailovic said.

It is not yet known when the realization of the entire project could begin, but by adopting this decision, the city has enabled the Roads of Belgrade and the Secretariat for Traffic to start the procedures for the realization.

According to the decision, upon the signing of the contract, the concessionaire will have a year to execute the non-commercial part of the investment and five years for the commercial part.
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