Projects and infrastructure in Egypt

Al Kamel Law Office

The projects and infrastructure group at Al Kamel Law Office is 'responsive and knowledgeable, consistently delivering commercially-sound advice'. The firm focuses heavily on large infrastructure projects for multinational clients and is frequently involved in major developments in the power, water, petroleum, natural gas, telecoms, construction and mining sectors. It recently acted as local counsel in collaboration with Mayer Brown International LLP on the $11bn financing of a petrochemical plant. Managing partner Mohamed Kamel and the 'calm and thorough' Rasheed Kamel lead the practice.  Up-and-coming partner Shahira Khaled and associate Youssef Nassef are also in the firm's key matters.

Practice head(s):

Mohamed Kamel; Rasheed Kamel

Other key lawyers:

Shahira Khaled; Youssef Nassef

Testimonials

‘The Al Kamel team is incredibly responsive and knowledgeable. They consistently deliver commercially-sound advice and understand the needs of international counsel and foreign clients.’

‘Rasheed Kamel has a calm and thorough style, deeply experienced and practical in applying local law to the needs of international transactions.’

‘Shahira Khaled is an outstanding young partner with an incredible work ethic and a range of knowledge that more senior partners would envy. She is as good as any partner in an international firm and a rising star of the Egyptian Bar. When you work with her, you are meeting the future of legal practice in Egypt.’

Key clients

Export-Import Bank of the United States

UK Export Finance and Overseas Private Investment Corporation

DEG-Deutsche Investitions Bank

Bayerische Landesbank

Nordea Bank Abp

Work highlights

  • Acting as local legal counsel alongside Mayer Brown as international legal counsel to Export-Import Bank of the United States, U.K. Export Finance and Overseas Private Investment Corporation, SACE, S.p.A., in connection with a proposed petrochemical project financing transaction with a total value of approx. $11bn.
  • Advised Lactalis – Halawa Group on the acquisition finance of Greenland Group in the amount of approximately EGP1bn granted by QNB Al Ahly Egypt and Credit Agricole France.
  • Advising Nordea Bank Abp on the financing of Scatec Solar group including its subsidiary in Egypt, Scatec Solar Solutions LLC, in the amount of approximately $60m.

Helmy, Hamza & Partners (member firm of Baker & McKenzie Interna

The firm has good in-depth experience of big projects’, says a client of Helmy, Hamza & Partners (member firm of Baker & McKenzie International). Whether it is acting for sponsors, investors, lenders, acquirers, governments, contractors or other credit providers, the firm is involved in the financing and development of flagship energy, mining, infrastructure, renewable energy and carbon projects. Joint heads of banking, finance and projects Mohamed Ghannam and Lamyaa Gadelhak are amongst the most respected practitioners in the market, particularly in the area of project finance.

Practice head(s):

Mohamed Ghannam; Lamyaa Gadelhak

Other key lawyers:

Mohamed Rasekh

Testimonials

‘The firm has good, in-depth experience of big projects.’

‘Mohammed Ghannam is a great team leader and has in-depth experience. Lamyaa Gadelhak is recommended and great up-and-coming associate Mohamed Rasekh always makes himself available.’

Key clients

Commercial International Bank

National Bank of Egypt

The Export-Import Bank Of Korea

Japan Bank For International Cooperation

African Development Bank

The European Investment Bank

MAVEG Industrieausruestungen GmbH (MAVEG)

Bank of Alexandria

Industrial Development and Workers Bank of Egypt

The United Bank

Enjaz Project Management (EPM)

Egyptian Electricity Transmission Company

Egyptian General Petroleum Corporation (EGPC)

The Egyptian Group for Multipurpose Terminals (EGMPT)

European Bank for Reconstruction and Development (EBRD)

Britannic Trading Limited

Egyptian Centers for Real Estate Development S.A.E.

Marakez Al Sokhna for Real Estate Projects S.A.E.

El Wady for Phosphate Industries and Fertilizers (WAPHCO)

Banque Misr

AlNowais Investments LLC

Carbon Holdings

Work highlights

  • Acting as local counsel to the term loan finance parties in connection with extending a financing of more than $3.2bn to finance a greenfield refinery owned and operated by the Egyptian Refining Company (Takrir) S.A.E. in Mostord, Egypt, making it the biggest project financing in the history of Egypt.
  • Acting as legal counsel to Egyptian Electricity Transmission Company, New and Renewable Energy Authority and Ministry of Finance in connection with 200 MW BOO solar PV project in Kom Ombo, Aswan. The project is intended to assist in achieving the government’s latest targets call for 20% of Egypt’s power generation to be based on renewables by 2022 and reducing carbon emissions.
  • Acting for El Wady for Phosphate Industries and Fertilizers (WAPHCO) in connection with an agreement with a consortium consisting of Chinese Construction Engineering Company (CSCEC) and WENGFU Group for the construction of a phosphoric acid manufacturing complex project in Abu Tartur, New Valley governorate, at a cost of about $842m.

Matouk Bassiouny & Hennawy

The practice at Matouk Bassiouny & Hennawy is known for being 'extremely professional and yet compassionate and understanding at the same time'. The firm represents local and international developers in commercial, industrial and developmental projects in several sectors. Of note is its recent work in renewable energy, having worked on numerous 50MW solar plants under the Feed in Tariff programme. Mahmoud Bassiouny leads the practice, which also acts for port developers. Counsel Ashraf Hendi and associates Ahmed Agamy and Nadia Abdallah are also active in project finance.

Practice head(s):

Mahmoud Bassiouny

Other key lawyers:

Ashraf Hendi; Ahmed Agamy; Nadia Abdallah

Testimonials

‘The team’s strength is in its constant availability to address any of the client’s needs.’

‘The individuals I have personally dealt with are extremely professional and yet compassionate and understanding at the same time.’

‘Nadia Abdallah is a star associate in my opinion. No matter what time of the day or what day of the week, she is responsive to any question, very professional and ready with the answers.’

Key clients

Future Clean Energy

Lekela Egypt Wind Power BOO SAE

Alcazar Energy Partners

National Petroleum Construction Company PJSC

Export Development Canada

Sonker Bunkering Company SAE

DP World

Work highlights

  • Acted as local counsel on a facility extended by Industrial and Commercial Bank of China, HSBC Bank Middle East Limited, and other lenders for the purpose of financing 85% of the borrower’s project of “Batch 2 Towers”, part of the New Administrative Capital in Egypt.
  • Advised Lekela Egypt Wind Power BOO S.A.E. in successfully negotiating and signing project documents in relation to a 250MW wind farm project located in Ras Ghareb, Hurghada, Egypt.
  • Advised Export Development Canada on the financing of Egyptian National Railways (ENR) in its transaction with General Electric to procure and rehabilitate a number of 181 locomotives of its fleet.

MHR & Partners in association with White & Case LLP

The project development and finance group at MHR & Partners in association with White & Case LLP is involved in some of the most complex and high-value projects in Egypt, often working for domestic and global corporates, financial institutions and government entities, and climbs the ranking this year. With Egyptian, English and US qualified lawyers on-the-ground in Cairo, the firm is uniquely well placed to handle all of the elements of cross-border project development, especially project finance. Philip Stopford, who splits his time between London and Cairo, finance specialist Ziad Gadalla, Tarek Mohanna and Sherief Rashed are the main contacts.

Practice head(s):

Philip Stopford; Ziad Gadalla; Tarek Mohanna; Sherief Rashed

Key clients

Carbon Holdings

Tahrir Petrochemicals Company

Abu Dhabi Future Energy Company (Masdar)

Egyptian Ethylene and Derivatives Company (Ethydco)

Industrial and Commercial Bank of China (ICBC)

Suez Methanol Derivatives Company (SMD)

China State Construction and Engineering Company (CSCEC)

Energean Oil & Gas plc

Wood Technologies Company

ADES International Holding Ltd.

Sixth of October for Real Estate and Development (SODIC)

HSBC

European Bank for Reconstruction and Development (EBRD)

Work highlights

  • Advising Tahrir Petrochemicals Company on all aspects of the proposed multibillion-dollar Tahrir petrochemical complex in Egypt.
  • Represented Masdar, the Abu Dhabi-owned energy company, on its joint venture with Infinity Energy, Egypt’s leading renewable energy developer, to develop utility-scale and distributed solar energy and wind power projects in Egypt and Africa.
  • Acting as counsel to Egyptian Ethylene and Derivatives Company (Ethydco) in relation to the establishment of Polybutadiene Derivatives Unit.

Shalakany Law Office

Shalakany Law Office has 'a standout projects team that provides great industry knowledge and prompt and accurate service'. The firm is heavily involved in major infrastructure projects and, increasingly, developments in the renewable energy sector, having recently worked on major wind and solar projects. Majoring in project finance, often for lenders and sponsors, the practice is well versed in all aspects of project development for both domestic and international companies and financial institutions. 'Market leader' Aly El Shalakany and Mariam Fahmy, who is 'a pleasure to work with and understands the key sector issues' are the lead partners.

Practice head(s):

Aly El Shalakany; Mariam Fahmy

Testimonials

‘A standout projects team that provides great industry knowledge and prompt and accurate service.’

‘Aly El Shalakany is a market leader and stand out lawyer. Mariam Fahmy is a pleasure to work with and understands the key sector issues and related legal outcomes.’

‘The team was very determined in attending meetings to deeply understand the commercial and contractual terms of the project.’

‘The team was analytical, critical, attentive and conscientious.’

Zaki Hashem & Partners, Attorneys at Law

Zaki Hashem & Partners, Attorneys at Law advises international and domestic clients on the establishment, operation, and financing of a vast array of infrastructure projects, often using  BOT,  BOOT or PPP models. It frequently acts for consortiums in the preparation of bid documents and contract negotiations, as well as handling major cross-border project finance transactions.  Head of oil and gas Sameh Khodeir , who is 'a seasoned expert with years of experience in the petrochemicals sector', corporate and capital markets specialist Yasser Hashem, and head of projects Sameh Kamal are the main contacts. Mohamed Gomaa moved to Youssef & Partners Attorneys.

Practice head(s):

Sameh Khodeir; Yasser Hashem

Other key lawyers:

Sameh Kamal

Testimonials

‘We have worked closely with an exceptional team from Zaki Hashem that included Yasser Hashem, Sameh Khodeir, and Sameh Kamal. Khodeir is a seasoned expert that brought along years of experience in the petrochemicals sector and Yasser was exceptional in his strategic thinking that guided us smoothly throughout the project. Sameh Kamal is a promising professional.’

Key clients

AL Sagheer Group

Attijariwafa Bank Egypt

Al Babtain Group

British Embassy

China State Construction Engineering Corporation Ltd. – Egypt Branch (CSCEC)

Commercial International Bank Egypt (CIB Egypt)

El Sewedy Electric

Neptune Energy Egypt B.V. (Previously Engie)

Infinity-e

Pepsi Cola Egypt

RATP Dev S.A.

Ramw Group

Ras Ghareb Wind Energy

Wadi Group

Ayady Group

Damietta Furniture City

Arab Co. for Asset Management and Development

Egyptian Countryside Development Company

Abdel Warith Consulting Engineers

Amiral Group

Arabian Capital Investment and Finance Co.

Arabian International Company (AIC)

Dar Al Fouad Hospital

DP World Sokhna SAE

Edisson International

Engie

INVAP Argentina

Kharafi National W.L.L

Onyx Alexandria

PETROJET

Rapiscan Systems (Division of OSI Systems Group)

SMG Group

Suez Canal Container Terminal

Supco Canada Railway Supply Group

United Group for Highways Development

Beltone Capital Red Sea Venture for Solar Energy

MHP Inves

Work highlights

  • Acting as sole local Egyptian counsel to the consortium of British investors in ECHEM’s $8bn Al Alamein Petrochemical Project.
  • Advising Middle East Oil Refinery (MIDOR) on its $1.2bn modernisation, upgrade and expansion of a new refinery.
  • Advising Capital Group Properties on the Alburouj Project.

Mazghouny & Co

New to the ranking is Mazghouny & Co, founded in early 2020 by highly respected projects partner Donia El-Mazghouny, formerly of Shahid Law Firm. The boutique firm specialises in projects and infrastructure, energy, construction, real estate and financing. The firm has rapidly established its credentials in the renewable energy sector, in which it acts for major multinational players. The firm recently assisted the local regulator with a utility-scale wind energy project with a 200MW capacity.

Practice head(s):

Donia El-Mazghouny

Key clients

Benban Solar Developers Association (BSDA)

EDF Renouvelables

Empower New Energy

Engie

Italgen

Phoenix Energy

Scatec Solar

Voltalia

Work highlights

  • Advising Benban Solar Developers Association (BSDA) on the settlement of a dispute with the Egyptian Electricity Transmission Company (EETC) related to the cost overrun of the Benban solar park interconnection works.
  • Advising Italgen on the settlement of its dispute with the Egyptian Electricity Transmission Company (EETC) related to the company’s 320MW wind power project in Gulf Elzeit.
  • Advising NREA, alongside Human Dynamics, on the setup of a utility-scale wind energy project in Egypt with a 200MW capacity.

Riad & Riad

Riad & Riad climbs the ranking having been involved in high-value projects, among them a $1.2bn EPC contract with National Authority for Tunnels on behalf of a consortium including China Railway Group and Aviation Industry Corporation of China. Frequently working alongside international counsel, the firm assists developers, sponsors and financial institutions with permitting issues, finance, project documents, corporate structures and a host of other matters. Lead partners Fatma Salah, Eman Riad and Mohamed Riad bring to bear extensive experience in finance, public procurement, construction, regulatory and corporate matters.

Practice head(s):

Fatma Salah; Eman Riad; Mohamed Riad

Key clients

Aviation Industry Corporation of China (AVIC)

ExxonMobil

Kelloggs Tolaram Noodles Egypt

SADA Pack

Taisei Corporation

Marakez

FAS Energy

Airport City Real Estate Co.

Work highlights

  • Advising the consortium of China Railway Group Limited & AVIC International Holding Corporation in relation to the 10th of Ramadan Railway Project; providing legal support in relation to the EPC Contract with National Authority for Tunnels (NAT) at a total value of $1.2bn.
  • Advising Airport City Real Estate Co. on its EPC contract with a Chinese contractor for Plant and Design-Build of King Abdulaziz International Airport City Project – Phase 1 (Shopping Mall) in Jeddah City, Saudi Arabia.
  • Supported FAS Energy in drafting the MOU it signed with the New Urban Communities Authority (NUCA) to set up a waste-to-energy (WtE) facility in 10th of Ramadan City. The project will serve New Cairo, El Shorouk, Badr, Obour, and 10th of Ramadan cities.

Shahid Law Firm

Shahid Law Firm has a track record in projects and infrastructure development that stretches back 30 years, during which time the firm has acted for numerous international financial institutions, international and local banks, and project sponsors. Its work is now focused primarily on the energy sector, in which it handles both conventional and renewable energy projects. Key partner Donia El-Mazghouny left to start her own firm, Mazghouny & Co, in early 2020, leaving managing partner Girgis Abd El-Shahid to oversee the practice. He has extensive experience in dispute resolution and corporate transactions.

Practice head(s):

Girgis Abd El-Shahid

Key clients

Scatec Solar

EDF Renouvelables

Voltalia

Italgen

Engie

Marubeni

Globeleq

Phoenix Group

EDF International Network

Elekta

Seadrill

Dornier Consulting International

Baker Hughes (GE)

Egyptian Ministry of Public Business Sector

Work highlights

  • Represented EDF International Network in connection with a joint venture between Egyptian French Electricity Distribution Company and the New Administrative Capital for Urban Development (ACUD) for the distribution of electricity to the New Administrative Capital.
  • Advising Benban Developers Association on the semi-reconciliation claim raised by the Egyptian Electricity Transmission Company (EETC) under the Cost Sharing Agreement (CSA) for additional costs related to the shared interconnection works in the Benban solar park in Egypt.
  • Advised on the acquisition of Shell’s onshore assets/interests in 15 onshore Concession Agreements, and 22 related Development Leases and Exploration Blocks in Western Desert (including the Badr El Din and Obaiyed area).

Al Tamimi & Company

Al Tamimi & Company has built up its presence in major projects since the arrival of head of banking and finance Hossam Gramon three years ago, though he moved to ADSERO-Ragy Soliman & Partners in late 2020. Associate Omar Zaki is now the main contact. Focusing on project finance, the firm frequently advises on projects in sectors such as renewable energy and real estate, acting for government bodies, sponsors and project finance lenders.

Key clients

Telecom Egypt

The European Bank for Construction and Development (EBRD)

Goldman Sachs International

El Nasr for Coke & Chemicals

Standard Chartered Bank

Egypt Kuwait Holding

Cairo for Investment and Real Estate CIRA

Maridive Group

Work highlights

  • Advised CIRA in relation to €25m project finance extended to the company by EBRD, related to the anticipated opening of 14 additional faculties at the Assiout branch of Badr University.
  • Represented Alex Bank, the leading Egypt-based private sector bank; Emirates NBD, the leading United Arab Emirates-based government-owned bank; and Arab International Bank, the leading Egypt-based investment bank in relation to a facility agreement worth up to $150m to replace and renew machines of Nasr Coke & Basic Chemicals Manufacturing.
  • Advised EBRD, the leading UK-based global financial institution on a $200m senior loan to City Centre Almaza, a subsidiary of Majid Al Futtaim Holdings, for the purpose of the construction of City Centre Almaza.

Dentons Egypt LLC

The projects practice at Dentons Egypt LLC has a good track record in major projects, usually acting on behalf of international financial institutions and project sponsors. One of the firm's key strengths is its in-depth understanding of build-operate-transfer projects in the areas of power, port, road, hospital, airport infrastructure.  Local managing partner Michael Lacey is the main contact.

Practice head(s):

Michael Lacey

Sharkawy & Sarhan Law Firm

Sharkawy & Sarhan Law Firm focuses predominantly on the energy sector, playing a role in the development of oil and gas, power and renewable energy projects. It frequently acts for development finance institutions and multinational oil majors. Head of energy, managing associate Heba Raslan, is the main contact and she has 15 years' experience in cross-border transactions. She works closely with corporate and finance partner Mohamed Hazzaa.

Practice head(s):

Heba Raslan

Other key lawyers:

Mohamed Hazzaa

Key clients

United Oil & Gas Plc

JSC Zarubezhneft