From equity transactions, privatisations and project financing schemes to the development of sophisticated financial instruments, we work to produce creative approaches to securing our clients´ investments.
The Czech Republic has responded quickly to the opportunities presented by new forms of public private partnership (PPP). It is considered by international businesses to be one of the most developed accession states. Legislation aimed at harmonising the procurement procedure with EC rules is now in place and central government plans commit to the establishment of PPP teams in each government ministry. The PPP centre has been established as a coordinating body and a number of pilot projects in various sectors are being planned. With plans to use private finance to fund major project in the defence, transport, health and environment services sectors, good opportunities exist for both Czech and international businesses. Our expert knowledge of the technical and commercial pressures in these sectors has already proved invaluable for both national and international companies.
The real test of PPP contracts is often after the deal has been signed - in the long term delivery of projects and services. Our lawyers have a first hand knowledge of the expectations and needs of Czech government departments, service users and workforces. This ensures that we can structure and deliver a long term partnership that works within the local environment. Our experience in delivering ground-breaking PPP projects in the UK and elsewhere means that we can bring to bear experience in developing the financial structures that are acceptable to the major financial institutions. With a full understanding of the objectives of sponsors, funders and governments we can help devise the legal structure for these investments that meet the needs of all parties involved, to create commercial partnerships that endure and provide public services and facilities that meet local needs.