Logistic and Intermodal Transport in Serbia Conference on Logistic Belgrade, 5 June

Task A: Market analysis and location selection (8 Working papers) – selection of location – traffic and market study Task B: Defining of the institutional framework and promoting the concept of terminal (7 Working papers) – institutional awareness – terminal concept defined – Workshops and Study tours Task C: Preliminary design, feasibility studies and preparation of tender dossier (4 Working papers, Preliminary design and Tender dossier) - design documentation and tender dossier - economic and financial analysis Project

Logistic chain

Traffic and market study Envisaged routes: 3 to 5 trains/week on relation with Rijeka (with antenna service to Koper) 2 trains/week to Bar 2 to 3 trains/week to Germany 2 to 3 trains/week to Italy 2 trains/week to Poland/Romania 2 trains/week to Montenegro 2 trains/week to Russia? 2-3 trains per day

Vrcin Pancevo Ada Huja Pancevacki Rit Zemun Batajnica Stara Pazova Surcin Dobanovci Makis Selection of location

Zemun Novi Sad

7 2 loading/unloading tracks truck loading lane handling area reach stacker temporary storage area Reverse track Loading tracks InboundOutbound 1010 m Terminal: I phase

Terminal: II phase II a 4 loading/unloading tracks gantry crane II b 4 loading/unloading tracks Gantry crane “drive trough” terminal

Phase 1UnitCosts Preliminary works € Terminal construction costs € Access roads costs € Railway connection costs € Investment costs € Planning and supervision costs (7%)7% € Contingencies (10%)10% € Total investment € Land expropriation costs (145 ha) € Total investment (including land costs) € Construction costs BIT (phase 1)

Input dataValues Analysis period20 years Discount rate5% GDP growth3% per year Output dataValues IRR13.21% NPV17.09 million € Results of CBA  Basic case: 12 trains/week  The investment is no longer economically justified for 7 trains/week!

Results of financial analysis – Business plan - Income statement is positive from % ROE - EU donation is essential to achieve this result - Minimum number of trains for financial justification is 8 trains/week!

Functional structure 2 functionally independent and separate entities are created under the public company structure 22 employees in Terminal Operator, 8 is Site Development Company

Future tasks  Preparation of urban planning documentation for construction  Application for IPA 2013  Creation of future logistics platform  Attraction of logistic companies and investments  Creating of new jobs

Cooperation  MoIE and City of Belgrade have nominated Beoland as project investor  Preliminary design was submitted to Investor by Consultants  Investor will deal with all investor issues and land expropriation  EU/IPA financing, budget of RS and City of Belgrade  Framework and basic principles of cooperation for project implementation were defined  Creation of public company (Republic of Serbia and City of Belgrade)

Future terminal and logistics zone Logistcs zone BIT

THANK YOU Miodrag Poledica Ministry of Infrastructure and Energy 011/