Russian Ambassador to Belgrade Alexander Konuzin stated that a part of Russia's loan to Serbia, that is USD 800 million, will be used for four projects - the development of the Belgrade railway junction and the Prokop station, the reconstruction of the Belgrade-Bar railway track, construction of the Valjevo-Loznica track and modernization of the Nis-Dimitrovgrad track.

It is assumed that projects will be realized by the Russian Open Joint Stock Company Russian Railways Trading House, together with the Serbian Railways company, with the coordination of the Serbian Infrastructure Ministry, Konuzin said in an interview for the Belgrade daily Vecernje novosti, adding that the Russian company is presently drawing on technical expertise.

He said that the Serbian side was unfortunately late with sending additional materials necessary for the realization of this plan, which automatically moves the deadline for its completion.

We believe that we will hold the next joint meeting for a definitive choise of projects in February, after which we will inform the Serbian side about our decision, Konuzin underscored.