Serbia, Strabag to ink contract on reconstruction of Gazela Bridge on March 15.

By bne IntelliNews March 12, 2010
Public company Putevi Srbije and Austrian construction company Strabag will sign a contract on the reconstruction of Belgrade s Gazela Bridge on March 15, Beta news agency has reported citing representatives of domestic road company. As earlier reported, the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) have agreed to finance Gazelas reconstruction and construction of access roads to the bridge in 2007, but the funds have not been extended so far due to Belgrades inability to secure adequate conditions for resettling people that lived in the slum under the bridge. The EBRD approved the disbursement of EUR 80mn loan last month for the access roads and the ringroad, whereas EIB is due to discuss the disbursement of a EUR 33mn loan for the bridge this week. The bridge and the highways form part of the Corridor 10 route in Serbia . The Gazela Bridge , the biggest bridge in the capital city of Belgrade was built 30 years ago.

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