Administrative Law &
Public-private partnerships (PPP) are an expanding area of infrastructural investment in Lebanon.
With increasing international attention, it is key for foreign investors to become acquainted with and navigate the diverse legal and technical framework when considering potential ventures in Lebanon.
The firm’s international standing in the Projects & Energy spheres and its reputation for providing first-rate, multi-jurisdictional legal advice dovetails with Obeid & Partners substantial expertise in the banking industry in Lebanon. Of particular relevance in the context of PPP projects, are our team’s international capabilities in non-recourse project finance, and dealing with issues arising from sovereign guarantees and political risk insurance in Lebanon.
Obeid & Partners’ long-standing expertise brings a deep understanding of applicable regulations and negotiations in PPP projects, including associated assets, functions, payments, and risks. We are ideally positioned to assist international private sector entities in navigating their agreements with Lebanese public entities and other relevant stakeholders.
With the passing of the new PPP Law No. 48 dated 7/9/2017, plans for key projects are already underway. These include the expansion of the Beirut Rafik Hariri International Airport, the Khalde-Nahr Ibrahim Expressway, and the Lebanon Cloud Data Center. Potential projects in the sectors of transport, water, wastewater, energy, telecoms, waste, and zone development are open for interest.
Obeid & Partners closely follows developments in existing PPP and future potential projects; for more information on recent developments of ongoing projects, please see below.