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In the past few years, North Macedonia has made significant strides in developing its infrastructure. Attracting foreign investors is the main strategy to finance, construct, develop, and manage essential infrastructure projects. The government also engages in PPPs, recognizing their potential to leverage private sector expertise and capital in public service delivery.

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

White & Case and its Turkish affiliate GKC Partners have advised Ronesans Holding's subsidiary Renell Kokshetau on the financing of a EUR 456 million public-private partnership healthcare project for the construction and operation of a hospital in Kazakhstan. Clifford Chance reportedly advised the financing institutions.

Ergun, working with White & Case, has advised J.P. Morgan on ICA's issuance of USD 405 million 7.536% secured amortizing notes which will be used to finance the completion of the build-operate-transfer model Sariyer-Kilyos Tunnel which is part of the Third Bridge project in Turkiye. Lexist, working with Watson Farley & Williams, advised ICA. Verdi Law Firm, working with Clifford Chance, reportedly advised the existing lenders.

Your Legal Partners has advised on the Public-Private Partnership project titled "Design, Construction, Financing, Maintenance and Operation of Seventeen School Units in the Region of Central Macedonia" to be undertaken by ATESE and Metlen Energy & Metals. Karatzas and Partners advised Piraeus Bank as the lender on the project.

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