France takes back the subway project in Serbia from Chinese enterprises? Its pure speculation!

category:Finance
 France takes back the subway project in Serbia from Chinese enterprises? Its pure speculation!


According to the echo, French Foreign Trade Minister Liszt signed an agreement with the finance minister of Serbia on the 26th, which confirmed that Alston, a French enterprise, would be the locomotive supplier for the metro project in Belgrade. According to the report, the total price of the first line of the metro project in Belgrade was 1.83 billion euro, from which Alstom got 534 million euro. In addition, Schneider electronics and other French enterprises will participate in the project construction.

Figaro newspaper reported on the 27th that France and Serbia had reached a cooperation intention as early as 2011, and planned to build the subway in Belgrade around 2017. However, China took advantage of the Franco Sierra Leone relationship to disrupt the French Spanish cooperation through the quotation of CRRC in early 2019, and nearly squeezed out the French scheme. Later, the exchange of visits between the presidents of France and Sierra Leone put the relations between the two countries back on the right track. In order to ensure the smooth implementation of the subway project, France has provided financial loans, foreign trade credit guarantee and related funds to Sierra Leone, but the civil engineering part of the subway construction is undertaken by Chinese enterprises, the report said. Some European countries have always been very sensitive to the development of relations between China and Serbia. Agence France Presse has quoted the comments of sources as saying, Serbia, a Balkan country, has become the bridgehead of Chinas entry into Europe. China has provided huge investment projects to Serbia for decades, covering infrastructure, energy, security and other fields.. According to the Eastern European news network seenews reported on the 27th, Golan Vicic, vice mayor of Belgrade, said last month that the French government has ensured to provide funds for some subway construction projects implemented by ALSTOM, while China will provide funds for the construction projects to be carried out by Chinese enterprises. Source: Global Times Author: Li Xiaowen, editor in charge: Wang Xiaowu_ NF

Figaro newspaper reported on the 27th that France and Serbia had reached a cooperation intention as early as 2011, and planned to build the subway in Belgrade around 2017. However, China took advantage of the Franco Sierra Leone relationship to disrupt the French Spanish cooperation through the quotation of CRRC in early 2019, and nearly squeezed out the French scheme. Later, the exchange of visits between the presidents of France and Sierra Leone put the relations between the two countries back on the right track. In order to ensure the smooth implementation of the subway project, France has provided financial loans, foreign trade credit guarantee and related funds to Sierra Leone, but the civil engineering part of the subway construction is undertaken by Chinese enterprises, the report said.

Some European countries have always been very sensitive to the development of relations between China and Serbia. Agence France Presse has quoted the comments of sources as saying, Serbia, a Balkan country, has become the bridgehead of Chinas entry into Europe. China has provided huge investment projects to Serbia for decades, covering infrastructure, energy, security and other fields..

According to the Eastern European news network seenews reported on the 27th, Golan Vicic, vice mayor of Belgrade, said last month that the French government has ensured to provide funds for some subway construction projects implemented by ALSTOM, while China will provide funds for the construction projects to be carried out by Chinese enterprises.