BIT Law advises PUC Belgrade Metro and Train on a EUR 720 million design and build contract with contractor PowerChina for the civil works of the first phase of Line 1 of the Belgrade Metro, identifying Lot 2 as a distinct section.
PowerChina is a wholly state-owned enterprise administered by the state-owned Assets Supervision and Administration Commission of China.
According to BIT Law, "based on the FIDIC Yellow Book 2017, the agreement includes the design and execution of works, including the procurement of tunnel boring machines. This follows the August Agreement for Lot 1 Line 1 P1 under the FIDIC Green Book 2021 model, when this innovative FIDIC model was used for the first time in the region."
The BIT Law team included Partners Katarina Obradovic Baklaja and Boris Baklaja.
