BELGRADE: Serbia signed a $3-billion (2.7-billion euro) deal on Sunday (Monday in Manila) with an Abu Dhabi-based developer to transform a popular area of Belgrade into an upscale housing and shopping complex, a project opponents have labeled “a scam.”
The project with developer Eagle Hills, dubbed Belgrade Waterfront, is to turn arts and nightlife district Savamala near the city center into a two-million square meter (21.5-million square foot) commercial, business and apartment development.
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