Region: Europe and Central Asia
Country: Bosnia and Herzegovina
The Concession Commission of Bosnia and Herzegovina is an independent regulatory legal entity set up to carry out its competences in the capacity of the Commission of Bosnia and Herzegovina for concessions granting or in the capacity of the Joint Concession Commission. Commission functions in the capacity of the Commission for Granting Concessions of Bosnia and Herzegovina when it performs duties and gives authorizations pertain to concession granting that fall under exclusive competence of Bosnia and Herzegovina. Commission functions in the capacity of the Joint Commission for Granting Concessions when it performs duties and gives authorizations pertain to concession granting that do not fall under exclusive competence of Bosnia and Herzegovina or in the cases set forth under Article 4 (3) of the Law on concessions of Bosnia and Herzegovina.
In executing its function, the Commission shall promote the satisfaction of public needs and the economic development through involvement of private sector in financing, design, construction, rehabilitation, maintenance and/or operation of infrastructure and accompanying facilities, services and in exploitation of natural resources and buildings used for their exploitation, taking into account the protection of economic and social interests, environmental protection as well as the fair treatment of private sector.
Updated: August 16, 2021