AmCham - Comments on the Proposal for the Earthquake Reconstruction Act
AmCham - Comments on the Proposal for the Earthquake Reconstruction Act
The American Chamber of Commerce in Croatia (AmCham) has commented on the draft Act on the Reconstruction of Buildings Damaged by the Earthquake in Zagreb and the surrounding counties.
AmCham warns that the draft Act does not clearly stipulate the application of the Public Procurement Act, creating risks of legal uncertainty, non-transparency, and potential misuse. Given the extremely high estimated reconstruction cost (€13.3 billion), AmCham emphasizes the need for transparent procedures and adherence to free market principles. It recommends explicitly applying the Public Procurement Act to all reconstruction processes, with clearly defined exceptions and transparent oversight mechanisms.