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Phnom Penh city skyline and Tonle Sap River Cambodia
Phnom Penh city skyline and Tonle Sap River Cambodia

Indochina

We have a strong track record of supporting domestic and international clients on their investments in Laos and Cambodia.

With a deep understanding of these markets and how to navigate their respective regulatory regimes, we are a firm of choice when it comes to acquisitions, disposals, joint ventures and the development and financing of major projects in these jurisdictions.

For example, we have been advised on almost every hydropower project that has been developed in Laos and we have developed a leading reputation from banks and sponsors for our ability to deliver outstanding advice and documentation on both the financing and project sides.

We have also advised on transactions in Cambodia across the energy, corporate, telecommunications, technology and infrastructure sectors to name a few.

Recent examples of our work

Cambodia

Cambodia

Asian Development Bank, Thai-Exim Bank, Foreign Trade Bank of Cambodia and Arco Capital Corporation, on the provision of a USD 23.5 million loan to Cambodia Power Transmission Lines Co. Ltd. for the construction of 221 kilometres of 115 kilo-volt double circuit transmission lines

Laos

Laos

ADB, IFC and international commercial and Thai banks in relation to the financing of the Nam Ngum 3 Hydropower Project

All the lenders, including ADB, on the USD1.25bn project financing of the Nam Theun 2 hydropower project

The lenders on the refinancing and extension of the Theun-Hinboun hydropower project

Vietnam

Vietnam

The sponsors on Vietnam's first BOT project to reach financial close. The combined-cycle power plant project involved multi-sourced financing which included multilaterals, commercial lenders and political risk insurance. It was the first project financing approved by the State Bank of Vietnam.

JBIC in relation to a loan to be made for the Vung Ang 1 Thermal Power Project

A consortium comprising Japanese and Korean companies on all aspects of their bid for the Nghi Son II Power Project

News and insights

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News: 30 May 2023

Allen & Overy advises Credem on new green bond

Allen & Overy has advised Credito Emiliano (“Credem”), one of the main Italian banking groups, on the placement of its second green bond for a total nominal amount of EUR400 million, exclusively…

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Publications: 30 May 2023

Pensions: what's new this week - 30 May 2023

Welcome to your weekly update from the Allen & Overy Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. This week we cover topics including:…

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Skyscrapers view from ground

Publications: 30 May 2023

Hong Kong SFC proposes changes to the Takeovers Code

The Hong Kong Securities and Futures Commission (the SFC) launched a consultation on proposed amendments to the Codes on Takeovers and Mergers and Share Buy‑backs (the Codes).

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hydrogen concept

News: 26 May 2023

Allen & Overy advises the ECAs and lenders on USD8.4 billion financing of NEOM Green Hydrogen Project

Allen & Overy has advised the credit providers on the financing of the groundbreaking NEOM Green Hydrogen Project in the Kingdom of Saudi Arabia, the world's largest commercial-scale green hydrogen…

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Our global coverage

Click on the regions in the map below to find out more about the jurisdictions we cover across the world.

  • Europe
  • Africa
  • Asia Pacific
  • Middle East
  • North America
  • Latin America

In addition to countries where we have offices, we also have a number of International Desks advising clients on large scale international transactions in Europe.

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Global Experts and Markets

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Our Global Experts and Markets bring together lawyers from across Allen & Overy with significant experience of working on deals in key regions and markets – they support our clients with their business needs across any region by mobilising international teams as well as selecting and maintaining our ties with our chosen relationship law firms. As our network of relationship law firms has grown, we have committed to build an enduring bond that will bring value to them, us and ultimately to our clients.