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BDK Advokati Advises J.P. Morgan and UK Export Finance on Morava Corridor Financing

BDK Advokati Advises J.P. Morgan and UK Export Finance on Morava Corridor Financing

Serbia
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BDK Advokati, working with Ashurst, has advised J.P. Morgan and UK Export Finance on supporting the construction of the Morava Corridor motorway through a EUR 430 million guaranteed loan to the Republic of Serbia.

According to BDK Advokati, “the construction of the Morava Corridor motorway is undertaken by US civil engineering group Bechtel and Turkey’s Enka. 112 kilometers long, it runs east/west in the West Morava River valley, from Pojate to Preljina, connecting central Serbia and Pan-European transport Corridors X and XI. Along the motorway route, the plan is to construct the telecommunication cable ducting through which optical cables will be laid, making the Morava Corridor the first digital corridor in Serbia.”

BDK Advokati’s team included Senior Partner Dragoljub Cibulic, Counsel Dragoljub Sretenovic, and Associate Relja Radovic.

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