BELGRADE (Serbia), October 2 (SeeNews) - Serbia's infrastructure ministry said it has signed an agreement with the government of the autonomous province of Vojvodina for the construction of a high-speed road connecting Novi Sad to Zrenjanin and Borca, in northern Serbia.

The ministry also discussed the construction of the 123 km-long Fruskogorski Corridor, a road in Vojvodina that will create the shortest possible link between Bosnia and Romania through Serbia, and the completion of the Zezelj bridge across the Danube river in Novi Sad, the ministry said in a statement on Friday.

The government expects to sign an agreement on the financing of the construction of the Fruskogorski Corridor road with China Road and Bridge Corporation (CRBC) by the end of the year, infrastructure minister Zorana Mihajlovic said in the statement.

In May, the Serbian infrastructure ministry said it signed in Beijing two memoranda of understanding (MoU) with CRBC for infrastructure works with a combined value of 2.5 billion euro ($2.9 billion). The contracts are for the construction of the Preljina-Pozega and Pozega-Boljare stretches of a motorway which will connect Belgrade to the border with Montenegro, and Fruskogorski Corridor.

The cost of the Fruskogorski Corridor project will stand at 400 million euro, the ministry said at the time. The Fruskogorski Corridor project represents an upgrade of the Novi Sad-Ruma section of IB-21 road.

($ = 0.851387 euro)