Logistic and Intermodal Transport in Serbia Conference on

Logistic and Intermodal Transport in Serbia Conference on Logistic 01 -06 -2011 Belgrade, 5 June 2012

Project 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

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

Bata jnica Star a Pa zova Selection of location cki un o ev Ada Huja Dobanovci Surcin nc Zem Pa a cev n a P Rit is ak M MCA … Vrcin

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

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

Construction costs BIT (phase 1) Phase 1 Unit Preliminary works Costs 751 600 € Terminal construction costs 10 759 175 € Access roads costs 1 038 263 € Railway connection costs Investment costs 558 358 € 13 107 396 € Planning and supervision costs (7%) 7% 917 518 € Contingencies (10%) 10% 1 310 740 € Total investment Land expropriation costs (145 ha) Total investment (including land costs) 15 335 654 € 3 594 137 € 18 929 791 €

Results of CBA Input data Analysis period Values 20 years Discount rate 5% GDP growth 3% per year Output data Values IRR 13. 21% NPV 17. 09 million € § 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 2018 26 % 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 Ø Preparation of urban planning documentation for construction Ø Application for IPA 2013 Ø Creation of future logistics platform Ø Attraction of logistic companies and investments Ø Creating of new jobs

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

Future terminal and logistics zone BIT Logistcs zone

THANK YOU Miodrag Poledica Ministry of Infrastructure and Energy poledica@mi. gov. rs 011/3616 -613