The project was initiated by the Serbian Transportation Institute, or CIP, and supported by Magyar Kozut, a Hungarian state-owned road repair company.
The highway would start from Smederevo, a Serbian town on the Danube, cross the western Banat region in Romania, and reach Hungary at the three countries’ common border point marked by an obelisk near Szeged.
Another branch of the road would start from the rapidly developing Romanian region of Timisoara and reach Hungary at the same point.
The highway would then cross the Hungarian Great Plains east of the Tisza river.
The highway could afterwards be extended to Slovakia and Poland.
To launch the project, Hungary must obtain the approval of the European Union, which is a precondition to obtain European funds.
Politically the chances for the project to succeed are high as the Union favors joint projects of neighboring countries.