JPM Jankovic Popovic Mitic has advised the China Shandong International Economic and Technical Cooperation Corp on its successful bid for the concession to charge a toll on the highway it is constructing in Bosnia’s autonomous Serb Republic announced by the region's government on Monday, January 14th.
The concession relates to the Banja Luka – Prijedor highway, which is 42 kilometers long, with two lanes in both directions, a traffic island, and an emergency lane. According to the project design, the highway section would consist of seven tunnels and 35 bridges, three interchanges, and infrastructure for a closed system of the toll payment, as well as a system for traffic safety management and control. It is the first highway concession project in the Republic of Srpska.
The Motorway Concession Project entails development, design, financing, construction, completion, operation and maintenance of the motorway, which JPM describes as "currently one of the largest infrastructure projects/concessions in the South East Europe."
The JPM team was led by Senior Partner Jelena Gazivoda and Partners Nikola Dordevic and Ivan Petrovic.
