The section of the eastern arm of Corridor 10 from Prosek to Crvena Reka, totaling 22.5 kilometers in length, was inaugurated with the presence of representatives of the Serbian and Bulgarian tops. The works on the last section of the highway towards the Bulgarian border were funded by a loan from the European Investment Bank (EIB).
🛣️Strong partnerships help #WesternBalkans thrive➡️the EU Bank worked w/ @eu_near to make the Corridor X a reality! By linking #Bulgaria to #Serbia, this motorway will boost economic growth & stability in the #EuropeanUnion neighbourhood @kmathernova @JHahnEU @MKoehlerEU
— European Investment Bank (@EIB) November 9, 2019
The Deputy Head of the Delegation of the European Union to Serbia Mateja Norčič Štamcar attended the event. The road between Prosek and Crvena Reka is one of the most challenging on the Corridor X Project East, but it will be a big relief for the drivers, as it will bypass the dangerous road in Sićevo Gorge.
Building of roads is the best way to make friends, says the Serbian President Aleksandar Vučić, who is thankful to everybody who took part in the construction of the eastern arm section towards the border with Bulgaria.
The total value of the funds invested by EIB in works on Corridor X is € 579 million – € 314 million for the section from Grdelica to Vladičin Han, while a separate € 265 million has been given for the section opened today.
The EU is supporting Serbia in improving transport system competitiveness and connectivity by
investing in infrastructure and supporting relevant reform processes. Some of the projects include
reconstruction of the Orient-East-Med Corridor, modernization of the Niš-Dimitrovgrad and Niš-Brestovac railway line, and construction of a terminal in Batajnica, Niš-Merdare highway and
infrastructure along Danube River.