Belgrade: The European Bank for Reconstruction and Development (EBRD) will provide the fund of €150 million for the eastern section of Corridor 10 from Nis to Dimitrovgrad — The Serbian Prime Minister Mirko Cvetkovic stated yesterday.

Cvetkovic made the statement after meeting with newly appointed EBRD President Thomas Mirow. The meeting was also attended by Minister of Finance Diana Dragutinovic, Minister of Infrastructure Milutin Mrkonjic and Minister of Energy and Mining Petar Skundric.

The Serbian PM said they discussed cooperation in the field of road and railway infrastructure, energy, construction of Corridor 7, as well as support for attracting foreign investments and financing local self-government projects.

Cvetkovic revealed that EBRD is interested in acting as an intermediary for the Serbian government with private investors in securing greenfield investments.

EBRD President Thomas Mirow disclosed that EBRD plans to invest between €250 million and €280 million annually in Serbia so that the government can achieve its projected goals. Mirow said that EBRD will support the Serbian government in the fields of infrastructure and energy, attracting foreign investments and will help Serbian investors invest in countries in the region.

Mirow added that Serbia has a central role in the Balkan region and that the Serbian government intends to improve cooperation with the EU, which is why he chose to visit Serbia first after his appointment as EBRD President.