Industry: Construction & engineering

The Paris Court of Appeal has ruled that the Permanent Court of Arbitration had no authority to assist in the appointment of a tribunal to hear a US$525 million claim against Libya after the Organization of Islamic Cooperation refused to appoint an arbitrator on the state’s behalf.

26 March 2021

Spanish investors in a cement plant have applied to partially annul an ICSID award that held Egypt liable but declined to award any of the €240 million they sought in damages.

08 March 2021

A Beijing-based construction company has brought one of the first known claims by a mainland Chinese investor against an African country, seeking US$55 million from Ghana after its contract to develop an intelligent traffic management system for Accra was cancelled and it was replaced by other Chinese contractors.  

11 February 2021

UPDATED. A Turkish national has withdrawn his US$69 million ICC claim against Libya over his investments in construction projects disrupted by the country’s civil war.

11 January 2021