financing

Serbia secures €630 million financing for Belgrade Metro phase one as project execution accelerates

The Serbian government is advancing its urban infrastructure initiatives by securing a loan of €630 million for the first phase of the Belgrade metro project. This financing arrangement, formalized through a legal framework, marks a transition from planning stages to active project execution, with funding certainty now driving timelines. The Belgrade metro project is recognized as one of the most significant public investments in Serbia's recent history. The first phase will focus on Line 1, which connects Železnik to Mirijevo,…