On Wednesday, Tomislav Momirovic, the Serbian Minister of Transport Chen Bo, the Chinese language Ambassador to Belgrade, signed a memorandum of understanding on the acquisition of high-speed electrical trains.

Trains with a capability of 200 kilometers per hour will run on the forthcoming Belgrade-Novi Unhappy-Subotica railway line. The Belgrade-Budapest railway line is the primary cross-border challenge to be developed within the framework of cooperation between China and 16 Central and Japanese European international locations, and it is usually distinctive as a result of China, an EU member state and a non-EU member state take part in it collectively.

As a way to construct a two-track electrified railway line between Budapest and Belgrade, 350 kilometers of railway part must be renovated, 166 kilometers in Hungary and 184 kilometers in Serbia.

Along with passenger visitors, this route will be capable of deal with vital freight visitors. In response to the plans, the products destined for Western Europe introduced by China to the port of Piraeus can be transported the quickest through Serbia and Hungary.

As a result of postponement of the works, the Serbian part is anticipated to be accomplished by the tip of 2021 till Novi Unhappy, and solely by the tip of 2024 by Budapest.