The Serbian railway infrastructure manager Serbian Railways Infrastructure JSC is launching a comprehensive programme to improve its corporate governance and operational performance, supported by the European Bank for Reconstruction and Development (EBRD) and donors.   The package will include three technical assistance projects. The first project aims to help Serbian Railways Infrastructure to improve its corporate governance, while the second project will help boost the company’s operational performance.

The third technical assistance project will follow early in 2024. It will focus on helping the railway sector to establish an independent market regulator and to integrate Serbia’s railways into the EU transport market. The technical assistance is financed by Italy (through the Central European Initiative) and the EBRD.

These projects follow the €2.2 billion financial package jointly provided by the EBRD (an investment loan of €550 million), the EU (an investment grant of €598 million) and the EIB (an investment loan of €1.1 billion) for the modernisation of the 230 km high-speed rail link connecting Belgrade to Niš.