Projects

Project law covers the legal structuring, project financing, public-private partnership (PPP) models and management of multi-party contractual frameworks for large-scale projects in infrastructure, energy, transport, healthcare and education. In this field, the presence of multiple stakeholders, regulatory bodies and different legal regimes makes it essential to structure the project correctly from the outset. Emir Law & Consulting represents project owners, private sector investors, financiers and public bodies throughout the entire process.

Project Structuring and Special Purpose Vehicle (SPV)

In large-scale projects, a project company (Special Purpose Vehicle — SPV) is generally established to limit risk and facilitate access to financing. The legal structure, tax regime implications and potential exit strategies of the SPV must be correctly designed at the project's inception. Our firm provides advisory on: SPV formation and joint venture (JV) agreements, shareholder agreements and share transfer conditions, allocation of liability among project participants, and preparation of consortium and sub-contractor agreements.

Public-Private Partnership (PPP) and BOT Models

In Türkiye, major infrastructure investments such as hospitals, airports, bridges, motorways and city hospitals are implemented through public-private partnership (PPP) and Build-Operate-Transfer (BOT) models. Government guarantees, risk-sharing mechanisms, project revenue seizure and early termination conditions constitute the critical negotiation points in these models. Our firm has experience in: advisory on participation in PPP tender processes, negotiation of concession agreements, obtaining the requisite approvals from regulatory bodies, and structuring termination/dispute provisions.

Project Finance and Financial Close

In project finance, lenders (banks, development finance institutions) take project revenues and assets as collateral, requiring a complex security structure. Our firm advises on: negotiation of credit and facility agreements, intercreditor agreements, direct agreements, commitment letters and guarantee structures, completion guarantees, and structuring of limited recourse arrangements.

EPC, O&M and Procurement Contracts

Engineering-Procurement-Construction (EPC) contracts, which govern the physical realisation of the project, determine the balance between the parties with respect to construction delays, price escalation and technical risk. Under FIDIC standards or bespoke contract structures, we provide support in: drafting and negotiation of EPC contracts, operation and maintenance (O&M) agreements, and structuring supplier and sub-contractor contracts in alignment with the overall contractual framework.

Our Services

• Project company (SPV) and joint venture (JV) formation and structuring
• Consortium agreements, shareholder agreements and share transfer arrangements
• Advisory on participation in PPP/BOT tender processes and concession agreements
• Project finance: credit agreements, security and guarantee structures
• Legal advisory during the financial close process
• Drafting and negotiation of EPC, FIDIC and construction contracts
• Operation and maintenance (O&M) agreements
• Regulatory approvals, licences and permit processes
• Risk allocation analysis and dispute resolution provisions
• Project-based arbitration and international dispute resolution

Why Emir Law?

Large-scale projects are complex processes where legal, financial and technical risks are intertwined, and a single error can destabilise the entire structure. Our team combines its project finance, PPP legislation and contract negotiation experience to provide strategic legal guidance at every stage of your project from inception to close.