World Bank grants $40m loan to Serbia to ease border crossings

World Bank grants $40m loan to Serbia to ease border crossings

Published at: 2019-07-24 11:19 | Author: CIJ Serbia
The Serbian government has secured a $40m loan from the World Bank to implement measures that will help reduce crowds at border crossings. The regional project includes several components: facilitating cross-border traffic, developing intelligent transport systems along Corridor 10 and improving road and rail crossings on rail infrastructure. Northern Macedonia and Albania are also participating in the project. The World Bank granted a total of $90m to all three countries, according to Zorana Mihajlovic, the Serbian minister of construction, transport and infrastructure.

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