Belgrade Highway and Bypass Project

complete

The proposed project is for the urgent rehabilitation of the Gazela Bridge and approach roads, which is the main bridge in the City of Belgrade and forms an integral part of Trans European Corridor X, and construction of the remaining sections of the Belgrade bypass, which is required to alleviate traffic congestion in the City. The proposed project will contribute to the transition process by: Public Enterprise Serbian Roads, a separate legal entity responsible for the construction, maintenance and management of roads in the Republic of Serbia. The EBRD will provide a sovereign guaranteed loan of EUR 80 million. Parallel financing is being provided by the European Investment Bank (EIB) in an amount of EUR 80 million and co-financing from the City of Belgrade in an amount of EUR 7.5 million. Serbian Roads will contribute EUR 112 million. Technical co-operation funds are also being provided (see below). EUR 290.4 million. The project was screened “A/1, requiring an Environmental Impact Assessment (EIA.). A copy of the Executive Summary of the Environmental Impact Assessment (“EIA”) prepared for the above project by PE "Roads of Serbia" and its advisors is available via the EIA link below. There is an Environmental and Social Impact Assessment available for this project.