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

2. 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

3. Logistic chain

4. 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

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

6. Zemun Novi Sad

7. 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

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

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

10. 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!

11. 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!

12. 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

13. 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

14. 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)

15. Future terminal and logistics zone Logistcs zone BIT

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