The outdated railway between Belgrade and Budapest will be modernised. The travel time should be decreased from eight hours to three and a half hours, and the maximum speed of the track is designed to be up to on the Serbian section and on the Hungarian section. When the project is complete, the journey between Budapest and Belgrade will be reduced to 3h 15m. The modernization is already complete, with full services running on the Serbian side up to Subotica, and the Hungary part is currently going through final testing with passenger services set to begin in March 2026.
Modernization of the Hungarian section The Hungarian section () of the project was announced in 2015 to cost HUF 472 billion and expected to be completed as of 2017–2018. Currently it is expected to cost HUF 949 billion ($3.6 billion) with interest. In Hungary, the project is carried out by
Kínai-Magyar Vasúti Nonprofit Zrt (Chinese-Hungarian Railway Nonprofit Ltd.), a Hungarian-Chinese joint venture of
MÁV Zrt. with
China Railway International Corporation (CRIC) and
China Railway International Group (CRIG). According to one estimate, the works on this section could begin in 2021, as one year is needed for the public procurement procedures, and two years for the planning and negotiation phase. The investment is widely criticised as it will never recover its costs. The construction of the Hungarian part of the railway, 152 km, was started in October 2021 and has already been completed, with final testing in place with passenger services set to start in mid-March 2026 • Eurocity service from Budapest to Belgrade, stopping only at Kiskunhalas and Kelebia on the Hungarian side. 73 minutes from Budapest to Kiskunhalas and 90 minutes to Kelebia. Trains will stay 30 minutes on the border at Kelebia with a shared Hungarian-Serbian passport inspection. The services will depart every two hours at 44 minutes past the hour. First service at 5:44 and last service at 19:44. The arrival from Belgrade will be every two hours at 14 minutes past the hour. First service arrives at 08:14 and last service at 20:14. • Two services per day will depart from Vienna, arriving in Budapest Keleti and departing at 11:44 and 17:44, continuing to Belgrade. Coming from Belgrade to Budapest at 12:14 and 16:14, continuing to Vienna. • IR trains will link Budapest to Kiskunhalas hourly. They will stop in every station between Budapest and Kunszentmiklós, continuing to Kiskunhalas stopping only at Szabadszállás, Kiskőrös, and Soltvadkert. Another service every two hours will depart Budapest and stop only at Pesterzsébet until Kunszentmiklós, then stopping at every station until Kelebia. The services will use a mix of Stadler FLIRT units and locomotive hauled passenger cars.
Modernization of the Serbian section as the Soko service using
Stadler KISS trainsets. In Serbia some , one of the segments, the -long section Belgrade-
Stara Pazova was reconstructed by
China Communications Construction Company (CCCC) together with
China Railways International (CRI), with the investment of $350.1 million, funded with a loan from the
Export-Import Bank of China. The section Stara Pazova–
Novi Sad was reconstructed by the Russian
RZD International, financed with Russian credit. and a duration of 33 months, during which this section will be closed. The construction of the railway line in Serbia started in September 2017, when the construction of the Čortanovci tunnel began. The 75 km railway for speed up to 200 km/h between
Belgrade and
Novi Sad opened on 19 March 2022 (this part was divided in two sections: as of 2018, the
Belgrade–
Stara Pazova 34.5 km section was planned to be finished in the end of 2020 and the
Stara Pazova–
Novi Sad 40.4 km section in November 2021). The construction of the 107.4 km section between Novi Sad and Subotica (Hungarian border) was started on 7 April 2022 and it was due to be completed by the end of November 2024, but the opening was delayed following the
train station canopy collapse in Novi Sad and ensuing
countrywide protests. On 8 October 2025 the "Soko" high-speed line between Belgrade (via Novi Sad) and Subotica opened and runs with 9 departures daily. Its maximum speed is 200 km/h and the 181,6 kilometres between Belgrade and Subotica are covered in 1h19 minutes. ==Bids of the Hungarian section==