Construction

Construction

Jordan’s construction and real estate sectors are pillars of the economy with more than 1,500 construction and real estate companies employing around 100,000 workers. We have been highly involved in this industry having advised major corporations and government agencies in groundbreaking construction and real estate based transactions. We also have extensive experience acting for high profile clients in complex high value disputes. One of our recent highlights was advising a group of lenders on a facility of approximately $96 million provided to a real estate development company for the construction of a luxury hotel and residences project in Amman, Jordan. Another one of our highlights was successfully representing a Jordanian-based construction company in a Cairo-situated international arbitration in relation to a $53 million claim. The claim was settled in favor of our client before the commencement of the proceedings by the arbitration panel.