The Morava Corridor Motorway Project consists of a greenfield 112 km dual-carriageway tolled motorway within a 900-meter right of way, located approximately 200 km south of Belgrade in a low-level floodplain running east-west along the West Morava River Valley. The project includes (i) above-ground structures such as interchanges, bridges, culverts, and overpasses/underpasses; (ii) a telecommunication network supported by power lines and communication cables to connect the telecom stations within the motorway and manage traffic through various traffic control, surveillance, and tolling systems; and (iii) river regulation works intended to protect the project and its surrounding areas from flooding.

MIGA provided Non-Honoring of Sovereign Financial Obligation guarantees to six international banks for their non-shareholder loans to the Government of Serbia to develop the Morava Corridor Motorway Project.

In March 2026, CAO received a complaint from a landowner in Vrnjačka Banja whose property was expropriated for the project. The complaint raises issues regarding the valuation methodology used for her land, alleging that it does not comply with MIGA's environmental and social standards. Specifically, she claims that the compensation offered is not based on a compliant replacement cost calculation.

In May 2026, CAO found the complaint eligible and conducted an assessment. During the assessment, the parties did not reach an agreement to resolve the issues through CAO-facilitated dialogue; therefore, in accordance with the CAO Policy, the case was transferred to CAO’s Compliance function for an appraisal of MIGA’s environmental and social performance. The Assessment Report is available in English and Serbian.