News
Potential Sale of State-owned Companies and Resources
The Prime Minister of the Republic of North Macedonia announced that the Government is interested in selling part of the state-owned companies, as well as resources where the Government is the dominant owner, namely Railways and Transport, The National Post, Eurokompozit JSC Prilep, Tobacco Company JSC Prilep, ski center Popova Sapka, camping Livadishte, power plant TEC Negotino and similar resources.
It is expected that the entry of private capital, by 100% acquisition or a public-private partnership, will increase the performance of these entities. As stated by the Prime Minister, these are…
Construction of a Chain of Petrol Stations Countrywide
In the middle of May 2020, the state announced its intention for building a chain of petrol stations countrywide in order to improve competition on the market.
Unofficially, the chain of petrol stations will not be wholly owned by the state, and the state will be looking for private partners, as well as project financing through loans. At the end of October, the Minister of Economy stated that the first step is the establishment of a State Oil Company, which will deal with tax warehouses to ensure competition in the market. The second step is the establishment of the chain of petrol stations by…
METKA is Planning Participation in All New Major Public Projects
Construction company METKA of the listed Mytilineos group is targeting a series of projects related to the European Union loans, subsidies and grants amounting to EUR 72 billionmetka
PPP Project for 17 Schools in Thessaloniki-Katerini
The project is currently in the approval process within the various Greek authorities and the tender is expected to be launched by the Ministry of Infrastructure and Transport within 2020.
The total budget is around EUR 154 million.
Construction of New Container Terminals in the Port of Bar
The Government of Montenegro recently adopted the Strategy for the Development of the Maritime Economy.
Road Infrastructure Project Milot – Thumane – Rrogozhine - Fier
The Albanian Prime Minister announced on 3 June 2020 the development of a major infrastructure project that will directly connect through a dedicated highway in the north-western city of Milot with Fier (located in the southwest of the country).
The construction costs of the project are expected to be approximately EUR 1.2 billion, whereas including VAT and expropriation costs, the overall value of the project is expected at around EUR 1.7 billion.
The development formula will be through a PPP contract. The Albanian Government will guarantee up to 10% of the traffic (approximately EUR 121 million)…
Belgrade Waste Management PPP Deal Wins IFLR Europe 2020 Award in Project Finance
BDK Advokati is proud to announce that the project financing for the Belgrade waste management PPP project has received the IFLR Europe DoY 2020 award.
A Natural Gas Distribution Network to be Constructed in the Republic of North Macedonia
The Ministry of Economy of the Republic of North Macedonia announced a public call for awarding a contract for establishing a public-private partnership for financing, designing, building, managing and developing a natural gas distribution system in the Republic of North Macedonia.
Clinical Hospital Stip
A new clinical hospital in Stip in a total area of 34,000 square metres is envisaged as a most modern facility in the country, which will be built according to all global standards and where 200 thousand patients from the eastern and southeast region of North Macedonia will be treated.
Integrated Healthcare Campuses
The Turkish Ministry of Health has ongoing PPP tender processes for city hospitals in Sakarya, Istanbul Sancaktepe, Aydin, Denizli, Antalya, Samsun, Ordu, Trabzon, Rize and Diyarbakir. They also plan to construct a city hospital in Izmir Tinzatepe.
PPP in the reconstruction of MHEC “Glaznja” and MHEC “Lipkovo”
On 29 October 2019, the state-owned Joint-Stock Company Water Supply of the Republic of North Macedonia published the Awarding of contract for establishment of public-private partnership for reconstruction of MHEC “Glaznja” and MHEC “Lipkovo” through the electronic system for public procurement.
Financing Agreements for the Vinča Waste-to-Energy PPP Signed
Financing agreements for the waste management public-private partnership project in Vinča, Belgrade were signed in the beginning of October. The project has a total investment size estimated at approximately EUR 350 million, envisaged to be financed by equity and non-recourse debt from IFIs – EBRD, IFC and OeEB. This is one of the largest and certainly the most complex project financing schemes in Serbia up to date. It is supposed to resolve the environmental hazard caused by one of the largest dump sites in Europe.
BDK Advokati, alongside Clifford Chance as the international legal advisor, advised EBRD, IFC and OeEB on the project.
