Serbian Railways eyes €95M rail upgrade tender
Published: Wed, 2015-01-21 14:00State-run rail operator Serbian Railways (ZS) has unveiled plans to launch a tender with the aim of overhauling the Rakovica-Resnik section of the Belgrade-Mladenovac-Nis-Presevo rail link. The forthcoming investment is estimated to be worth some €95 million.
Under the plan, the Serbian operator is to select a construction company which will implement the project in the first quarter of 2015. The rail link has a length of about 7.43 km, and it is part of the Pan-European Corridor X.
“Serbian Railways … intends using the proceeds of a loan from the European Bank for Reconstruction and Development” to finance the project, the bank said in a statement. The contracts which will be awarded to potential bidders are to “be financed with the proceeds of a loan from the bank.”
“The proposed project … will require inter alia the procurement of … substructure, hydro technical works, track works, level crossings, and railway station structures,” the statement said.
Headquartered in the country’s capital city Belgrade, the state-run firm has a workforce of slightly less than 17,100. Serbian Railways operates a rail network adapted for a track gauge of 1,435 mm which consists of about 4,093 km, of which 1,279 km are electrified track, according to data released by the company. This represents more than 31% of the total. To operate its network, Serbian Railways says it currently owns some 797 units of rolling stock.