EUR 255 Million Planned for Belgrade Subway in 2023

The project of the construction of the Belgrade Subway cost the citizens RSD 4.4 billion in 2022, whereas, in 2023, the plan is to set aside RSD 30 billion (around EUR 255 million), writes Nova Ekonomija.

That sum of RSD 30 billion for the subway is in the 2023 budget proposal and is a capital transfer to the City of Belgrade by the Ministry of Construction, Transport and Infrastructure.

In 2023, the Republic of Serbia will also be able to secure a loan of EUR 80 million for the Belgrade Subway (Phase One) with “foreign funds and governments”, as well as a loan of EUR 1 billion with “foreign investment corporations, funds and banks”, reads the budget proposal.

Grad Beograd

Fiskalni savet Republike Srbije

Ministarstvo građevinarstva, saobraćaja i infrastrukture Republike Srbije

Predstavništvo Alstom Holdings Beograd

Power Construction Corporation of China Limited Ogranak Beograd

City of Belgrade

Ministry of Construction Transport and Infrastructure

Belgrade Subway

construction of the subway

state budget for 2023

price of subway construction

loan for subway construction