Serbia plans to invest €15mn in the construction of a gondola lift in the capital Belgrade and expects the project to return this sum for less than six years, the trade and tourism ministry said in a statement.
The investment will be made by the government and Belgrade’s local authorities and should help further boost the tourism in the city. The ministry will invest RSD1.2bn (€10mn), while the city of Belgrade will secure RSD600mn.
Belgrade is Serbia's most visited city by tourists, attracting 53% of foreigners.
The 1km lift will link central Kalemegdan park to the Usce neighbourhood where the Sava river flows into the Danube.
The gondola lift will have 25 cabins equipped with LED lighting, air conditioning, Wi-Fi and a capacity of 3,000 passengers per hour.
Related Articles
Non-performing loans hit historic low in CESEE, but early warning signs emerge, says EBRD
Non-performing loans (NPLs) in central, eastern and south-eastern Europe (CESEE) fell to their lowest levels since the global financial crisis in 2024, but early indicators suggest rising risks ... more
Orban’s new illiberal axis
Amid the furore over Hungarian Prime Minister Viktor Orban’s visit to Tbilisi immediately after the allegedly stolen October 26 general election, a visit by the country’s President Tamas ... more