Skopje, 14 May 2025 (MIA) – A portion of the financing for the planned modernization and reconstruction of Corridor 10 railway will be secured from the Growth Plan and another portion from an intergovernmental agreement with a European country, which is due to be signed involving an infrastructure and healthcare investment. 

It is to be signed in a matter of days, announced Prime Minister Hristijan Mickoski responding to reporters’ questions on Wednesday. 

An investment boom in modernization and reconstruction of Corridor 10 from Tabanovce to Gevgelija, revealed Mickoski adding that there will be also investments in healthcare and partners are being sought to construct strategic projects, including Chebren and Galishte hydropower plants.

The reconstruction of the railway along Corridor 10 will allow train speed to increase to 160 kilometres per hour with freight trains increasing speed to 110 kilometres per hour. 

As regards healthcare investments, the prime minister said that a clinical hospital is being built in Shtip as well as a building for the Faculty of Medicine, a dorm, a house in Kichevo, a reconstruction of the Tetovo clinic. “These are investments of nearly 190 and 200 million euros and alongside the reconstruction of Corridor 10, a figure of over two billion euros is being recorded,” he stated noting that in the energy sector, the focus is on the Chebren and Galishte projects. 

In March, PM Mickoski announced that the government is working on investments in infrastructure and healthcare amounting to billions of euros. Falling short of revealing any details about the investment, he said it involved an intergovernmental agreement with a very powerful European country. 

On March 24, the country received the pre-financing from the EU’s Reform and Growth Facility, estimated at 52.4 million euros, including 24.4 million for budget support. It constitutes seven percent from the total financial support for the country at 750 million euros. 

MIA file photo