Serbian Railway Modernization Program – Phase 1

ongoing

Divided into 3 successive phases, from 2021 to 2029, the program aims to support the modernization of the Serbian railway sector. In operational terms, the main objectives are to improve: Intermodality for freight and passengers,Financial viability of operators,Efficiency of capital investment,Maintenance of railway infrastructure,Gender balance in companies,Increase the number of actors and private investments.The Serbian government and the World Bank have appointed AFD to co-finance Phase 1 of the program in the perspective of a long-term partnership covering the subsequent phases. Phase 1 holds three components: Renovation of railway infrastructure, with priority given to urban and suburban mobility (Belgrade station, north-east suburban branch to Pančevo), safety (level crossings) and improved asset managementInstitutional and project management strengtheningRail modernization groundwork, including an "intelligent transport" system (introduction of digital technologies)