PRIVATISATION

Experience

Privatisation

We advised the Saudi Malaysian consortium in connection with their bid (including support from lenders) for the public-private partnership project at Prince Mohammed International Airport at Madinah. The winning bidder will upgrade and expand the airport to increase its passenger handling capacity to 14 million people a year, and thereafter manage the airport for a period of 25 years.

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We advised Saudi Trade & Export Development Company (Tusdeer) in connection with the development, financing, operation and maintenance of a new 500,000 TEU terminal at Jeddah Islamic Port, including a US$374 million ijara facility.

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We advised (together with Goldman Sachs) the Saudi Arabian Telecommunications and Information Technology Regulator in connection with the issuance of the second Saudi Arabian GSM licence. This was the first Saudi Arabian privatization/deregulation where competition to the incumbent service provider is allowed.

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Sound legal advice is based on years of training, hard work, and passion, as well as familiarity with legislation and precedent and sound consideration. You’ll find all that and more at Saudilegal.