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Serbia and Hungary hope to complete a project for the overhaul of the Subotica-Szeged cross-border railway line by the middle of 2022, the Serbian government said.
The two governments committed to take all necessary steps to start the overhaul of the railway line as soon as possible, the Serbian government said in a statement on Thursday, following a meeting of finance minister Sinisa Mali with Hungarian foreign minister Peter Szijjarto in Belgrade.
Last year, Serbia and Hungary signed a memorandum of understanding (MoU) for investing 55.8 million euro ($65.1 million) in the reconstruction of the Subotica-Szeged railway line, increasing maximum train speed to 120 km/h and load capacity to 22.5 tonnes per axle.
Hungary plans to build additional sections of the railway line, linking Szeged to Hodmezovasarhely, Bekescsaba, and Baja, while the line can also connect to the Belgrade-Budapest railway, which is currently under reconstruction in the framework of the China-Central and Eastern European Countries (CEEC) cooperation initiative, the Serbian infrastructure ministry said last year.
This article first appeared on seenews.com
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