Hunton Andrews Kurth has taken the lead transaction counsel role to the Government of the Republic of Srpska, Bosnia and Herzegovina, in the development of an approximately EUR300 million (US$342.25 million) motorway project.

The 42-kilometer motorway between Banja Luka and Prijedor in northwest Bosnia and Herzegovina is a public-private partnership (PPP) between the Srpska government and Shandong Hi-Speed Group Co. Ltd., which will finance, construct, operate and maintain the motorway. The parties approved the project’s concession agreement on Dec. 13, 2018. 

Hunton Andrews Kurth also is advising the Srpska government on matters related to the project’s upcoming financial close. The firm also worked closely with Deloitte and engineering consultancy CESTRA on the project.