railway modernization

Serbia’s Ambitious Railway Modernisation Initiative

Serbia is set to undertake a significant railway modernisation initiative, with an investment of approximately €14 billion planned by 2029. This initiative aims to enhance the country's rail network, making it safer, more efficient, and capable of higher speeds, thereby improving both domestic transport and regional connectivity. The investments are detailed in the National Programme for Public Railway Infrastructure for the 2025-2029 period, created by the Ministry of Construction, Transport and Infrastructure. Central to this modernisation effort are upgrades to…