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Our practices

Projects and project finance

We act as legal counsel to project sponsors, developers and investors, providing assistance on project structuring, documentation and financing arrangements.

We have long dominated the project finance market in Pakistan, handling the vast majority of the country’s major deals and projects in this space while also maintaining a regional practice involving Middle East and Afghanistan projects. We handle all aspects of local and cross-border project financing, and have extensive experience based on our involvement in some of the region’s landmark projects. We advise sponsors, developers and lenders of projects in the full range of sectors, including energy, power, mining, transport, logistics and infrastructure. We handle a range of bank and capital market financings, as well as projects that combine different forms of complex financing models.

We were involved in the drafting of Pakistan’s Oil and Gas Regulatory Authority Ordinance 2002 and the regulatory framework pertaining to the oil and gas sector. We advise on bidding processes, performance of contracts, project finance, contractual claims, and projects-related disputes. Our expertise encompasses the full range of projects, including those in the oil and gas, power, mining and infrastructure sectors.

Members of our team have undertaken the negotiation and drafting of documentation relating to IPPs, cross-border pipeline and transmission line projects, refineries, airports, ports, hospitals, elevated expressways and motorways, telecom projects, LNG/LPG projects and railway projects.

We closely scrutinise the relevant documentation including checklists relating to the conditions precedent, to be satisfied under the financing arrangements (including LCs, constitutional documentation, board and shareholder resolutions, certificates and letters). We work with our affiliated firm, RIAA Barker Gillette (UK) LLP, to arrange requisite English law legal opinions.

Practice areas
  • Airports
  • Cross-border pipeline and transmission line projects
  • Elevated expressways and motorways
  • Hospitals
  • IPPs
  • LNG/LPG projects
  • Ports
  • Railway projects
  • Refineries
  • Telecom projects
At a glance
  • American Maglev Technology, Inc.: Karachi Mass Transit Project.
  • Civil Aviation Authority: construction of the Jinnah Terminal Karachi Airport.
  • Engro Energy Limited: 225 MW Permeate Gas/Diesel based Project at Daharki, Sindh.
  • Engro Elengy Terminal: represented the lenders including IFC in a 3MPTA LNG receiving, storage and regasification terminal project.
  • Government of Pakistan (InterState Gas Systems Limited): development and negotiation of various agreements relating to the USD 7b Turkmenistan-Afghanistan-Pakistan-India Gas Pipeline Project.
  • Government of Pakistan (InterState Gas Systems Limited): development and negotiation of various agreements relating to the USD 4b Iran-Pakistan-India Gas Pipeline Project.
  • Government of Pakistan and the Government of Sindh: Karachi Circular Railways Project.
  • Hutchison Port Holdings Limited: USD 500m container terminal project at the Pakistan Deep Water Container Port, Karachi.
  • IJM Corporation Berhad: Karachi Elevated Expressway Project. Drafting and negotiating the project implementation agreement with CDGK and all ancillary agreements.
  • National Highway Authority: construction of the Lahore-Islamabad Motorway, the first ever foreign constructed road project in Pakistan. Drafting and negotiating all the concession and financing agreements on behalf of the client which became the model for subsequent road projects.
  • Pakistan Telecommunication Company Limited: turnkey projects of 200,000 telephone lines throughout Pakistan. Negotiating various transaction and concession documents with Alcatel CIT, Siemens, Ericsson and China Telecom.

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What they say...

  • Global Law Experts Recommended Firm 2017

  • Chambers Asia Pacific 2016

  • Legal 500 Leading Firm 2015

  • IFLR1000 Financial & Corporate Top Tier Law Firm 2015

  • Chambers Asia Pacific 2015

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