FBiH Government Receives Letter of Intent from American Company Interested in Building Southern Interconnection and Modernizing Airports

(Patria) - The FBiH Government today, at the proposal of the Federal Ministry of Energy, Mining and Industry, accepted the Information on the received Letter of Intent from the company AAFS Infrastructure and Energy LLC, with the aim of establishing a structured, transparent, and institutional dialogue with the FBiH Government, regarding the development, financing, and realization of an integrated package of strategic infrastructure of national importance, in accordance with the valid legislation of FBiH and BiH.

By a conclusion adopted at a telephone session, the Government of the Federation of Bosnia and Herzegovina gave support to the continuation of institutional dialogue and the consideration of cooperation possibilities on the development of projects from the Letter of Intent, including the construction of a new gas interconnection - "Southern Interconnection Bosnia and Herzegovina and the Republic of Croatia", as well as the construction of gas power plants with accompanying gas pipelines, including the upgrade of the Kladanj-Tuzla gas pipeline and the modernization of international airports.

The Government of the Federation of Bosnia and Herzegovina stated that the realization of the "Southern Interconnection Bosnia and Herzegovina and the Republic of Croatia" gas pipeline construction Project can be considered within the framework of the Concessions Law of the Federation of Bosnia and Herzegovina, including the possibility of submitting a self-initiated offer.

For other infrastructure projects from the Letter of Intent, other realization models can be considered, which will depend on further analysis and valid legal and regulatory frameworks.

In the event of this company submitting a self-initiated offer, the Government of the Federation of Bosnia and Herzegovina will, in accordance with the Concessions Law of FBiH, consider the possibility of granting a concession for the realization of the "Southern Interconnection Bosnia and Herzegovina and the Republic of Croatia" gas pipeline project.

The Government of the Federation of Bosnia and Herzegovina stated that all processes for different infrastructure projects must be conducted separately and transparently.

Also, the Federal Ministry of Energy, Mining and Industry is tasked with initiating activities on the preparation of amendments to the Law on the Southern Interconnection, with the aim of enabling the realization of the project through other models, including the granting of a concession, as well as regularly informing the Government of the Federation of Bosnia and Herzegovina about the activities undertaken within its jurisdiction.