{"id":3169970,"date":"2026-01-27T09:02:38","date_gmt":"2026-01-27T09:02:38","guid":{"rendered":"https:\/\/webalkans.eu\/serbia-to-enhance-road-connectivity-with-e150-million-loan-from-eib-global\/"},"modified":"2026-05-05T15:59:04","modified_gmt":"2026-05-05T15:59:04","slug":"serbia-to-enhance-road-connectivity-with-e150-million-loan-from-eib-global","status":"publish","type":"post","link":"https:\/\/webalkans.eu\/en\/serbia-to-enhance-road-connectivity-with-e150-million-loan-from-eib-global\/","title":{"rendered":"Serbia to enhance road connectivity with \u20ac150 million loan from EIB Global"},"content":{"rendered":"\n<ul>\n \t<li><strong>European Investment Bank (EIB Global) loan will upgrade an estimated 540 km of roads<\/strong><\/li>\n \t<li><strong>The upgrade will improve infrastructure, climate resilience, network availability and road safety, while boosting regional cooperation and development<\/strong><\/li>\n \t<li><strong>The loan will be complemented by a\u00a0<\/strong><strong>\u20ac1.4 million\u00a0<\/strong><strong>grant provided under the EIB Economic Resilience Initiative and by technical assistance from the European Union to support project preparation and implementation.<\/strong><\/li>\n<\/ul>\nThe European Investment Bank (EIB Global) is providing a \u20ac150 million loan to finance the reconstruction and upgrade of around 540 km of local and national roads in Serbia. The project aims to enhance road safety, build resilience to climate change and safeguard the existing network, while lowering environmental impact and travel time. By upgrading Serbia\u2019s core road network closer to EU standards, the project will enhance connectivity and accessibility nationwide, facilitating movement of passengers and freight and fostering sustainable economic growth.\n\n\u201cThe project supports smart, sustainable and safe transport, removes bottlenecks, and integrates Serbia\u2019s network into regional and EU corridors. These improvements will boost socioeconomic development by increasing accessibility, facilitating trade, and supporting businesses nationwide,\u201d said\u00a0<strong>EIB Head of the Regional Hub for the Western Balkans Damien Sorrell<\/strong>.\n\nThe project will also introduce targeted measures to improve safety and accessibility for pedestrians and cyclists, particularly on local roads. These include upgraded pedestrian crossings, protective barriers near schools, improved signage, the construction of sidewalks and the development of dedicated cycling lanes. The project builds on the EIB Global-financed Road Rehabilitation and Safety initiative, enabling modernisation of over 900 km of Serbia\u2019s national road network.\n\n\u201cWe continue to build and improve transportation infrastructure in the Republic of Serbia. said\u00a0<strong>Serbian First Deputy Prime Minister and Minister of Finance Sini\u0161a Mali.<\/strong>\u00a0\u201cIn addition to highways and express roads, of which ten are currently under construction, we are also upgrading local road infrastructure, because we want to have safer and more modern roads in all parts of Serbia, in every town. The construction of transport infrastructure, roads and railways has a positive impact on economic activity, and through the efficient implementation of such projects, we are recording faster economic growth. In this way, we also attract new investors, create new industrial zones, and Serbia becomes an even more attractive investment destination.\u201d.\n\nAs part of the region\u2019s Economic and Investment Plan, this project will benefit from a \u20ac1.4 million grant under EIB Global\u2019s Economic Resilience Initiative, along with technical assistance from the EU Delegation to support preparation and implementation. The project has also received support from EIB Advisory through the JASPERS programme, which assessed the climate resilience of Serbia\u2019s road network to identify the priority sections for upgrading.\n\n\u201cThis project provides a significant upgrade to Serbia\u2019s national and local road infrastructure, with a strong focus on unlocking regional socioeconomic potential and addressing the needs of citizens and businesses\u201d, said\u00a0<strong>EU Ambassador to Serbia Andreas von Beckerath.<\/strong>\u00a0\u201cSupported by EU-funded technical assistance, it delivers safer, more resilient and smarter roads, aligned with European standards, benefiting communities and the economy across the country.\u201d\n\nAccording to Minister of Construction, Transport and Infrastructure Aleksandra Sofronijevi\u0107, the project supports the development needs of the Republic of Serbia which, along with constructing new highways and express roads, is also working on the modernisation and improvement of the existing road transport infrastructure \u2013 essential for the overall development of Serbian regions and local governments.\n\n\u201cThe actual need for the rehabilitation of state and local roads ranges from 500 to 1\u00a0000 km, and this project will help achieve that goal. A good road network is key to development, as it contributes to increased population mobility, higher employment, faster flows of goods and passengers, greater attractiveness for business investments, and stimulation of tourism development,\u201d said Minister Sofronijevi\u0107.\n\n<strong>Background information<\/strong>\n\n<strong>About the European Investment Bank and EIB Global<\/strong>\n\nThe EIB is the long-term lending institution of the European Union owned by its Member States. It makes long-term finance available for sound investment in order to foster EU policy goals.\u00a0<a href=\"https:\/\/www.eib.org\/en\/global\/index.htm\">EIB\u00a0Global<\/a>\u00a0is the EIB\u00a0Group\u2019s specialised arm devoted to increasing the impact of international partnerships and development finance. EIB\u00a0Global is designed to foster strong, focused partnerships within\u00a0<a href=\"https:\/\/europa.eu\/capacity4dev\/wbt-team-europe#_blank\">Team Europe<\/a>, alongside fellow development finance institutions and civil society. EIB\u00a0Global brings the EIB\u00a0Group closer to local people, companies and institutions through our\u00a0<a href=\"https:\/\/www.eib.org\/en\/infocentre\/contact\/offices\/index.htm\" target=\"_blank\" rel=\"noopener\">offices around the world<\/a>.\n\n<strong>About EIB Global in Serbia<\/strong>\n\nThe EIB has been active in Serbia since 1977, providing finance to support key infrastructure projects as well as small and medium enterprises (SMEs), industry, services and local authorities. Since it began operating in the country, it has enabled over \u20ac8\u00a0billion of investment in SMEs and upgrading of transport, education, healthcare and utility infrastructure. For more information regarding the EIB\u2019s projects in Serbia, please visit\u00a0<a href=\"https:\/\/www.eib.org\/en\/projects\/regions\/enlargement\/the-western-balkans\/serbia\/index.htm\">https:\/\/www.eib.org\/en\/projects\/regions\/enlargement\/the-western-balkans\/serbia\/index.htm<\/a>.\n\nFor detailed information on the EIB\u2019s activities in the Western Balkans, please visit\u00a0<a href=\"http:\/\/www.eib.org\/en\/publications\/the-eib-in-the-western-balkans\">www.eib.org\/en\/publications\/the-eib-in-the-western-balkans<\/a>.\n","protected":false},"excerpt":{"rendered":"<p>European Investment Bank (EIB Global) loan will upgrade an estimated 540 km of roads The upgrade will improve infrastructure, climate resilience, network availability and road safety, while boosting regional cooperation and development The loan will be complemented by a\u00a0\u20ac1.4 million\u00a0grant provided under the EIB Economic Resilience Initiative and by technical assistance from the European Union [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":3169971,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"area-of-cooperation":[],"country":[250],"opportunity-type":[],"class_list":["post-3169970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","country-serbia"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Serbia to enhance road connectivity with \u20ac150 million loan from EIB Global - WeBalkans<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/webalkans.eu\/en\/serbia-to-enhance-road-connectivity-with-e150-million-loan-from-eib-global\/\" \/>\n<meta property=\"og:locale\" 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