Budapest-Belgrade High-Speed Railway - Serbian Section (Construction)

Locations

Type

Rail

Status

Under Construction

Total Reported Cost

Initiatives

Start Date

2017

Start of Construction

2017

Planned Completion Date

2020

Contractors

Consultants

Implementers

Operators

Funders

Source(s) Amount
297,600,000 USD

Description

This Chinese-backed high-speed railway is intended to link the capitals of Hungary and Serbia and has been celebrated as a flagship project under China's "16+1" format and Belt and Road initiative.

The Hungarian and Serbian sides combined, the total project is expected to cost 3.2 billion euros ($3.80 billion) and is slated to become the main transport route for Chinese goods that arrive by sea at the Greek port of Piraeus to other parts of Europe, according to Reuters.

This page contains data from BMI Research - Key Projects Database