The changing environment of the construction industry demands the availability of competent legal advisors capable of maintaining a meticulous role.
Our lawyers have handled some of the major deals with a prominent impact on the industry such as our advisory role with ArcelorMittal in its acquisition of a license to build direct reduced iron and billet steel factories in Egypt; a deal worth USD 61.2 million and that is considered the very first where the government consigns a tender attracting worldwide market leaders from Europe, South Asia, and the Middle East.
We are currently involved in the legal negotiations and agreements which will be concluding thr deal between the national Electricity company and the Gas company in order for ArcelorMittal to establish their entity in Egypt. This massive project involves the building of a steel plant in 2015 producing ca 3.0Mpta of high specification billet and bloom with technical specification that complies with prevailing domestic and international standards. The production process will employ proven DRI technology for iron making and EAF technology for steel making.