IFLR1000

DP World / SC Economic joint venture

2/3/2018
Joint venture
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$ 1 billion

Announced

2/3/2018

Overview:

  • DP World and SC Economic have signed a joint venture to establish a company to be granted a 50 year usufruct license over land in the Ain Sokhna Zone for industrial, commercial, and residential purposes.

Laura Mendes - Researcher 

Jurisdiction:

Egypt

Deal type:

Joint venture

Practice area:

M&A

Governing law:

Egypt

Industry sector:

Social infrastructure

Firm:
Sarie-Eldin & Partners

Party: DP World (Joint venture partner)

Party: SC Zone (Joint venture partner)

Lawyer: Hani Sarie-Eldin

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