The Laos office of Rajah & Tann has entered into an alliance with local conglomerate Phongsavanh Group in an effort to expand operations in the Lao People’s Democratic Republic.
Allen & Overy has advised Laos’ Phonesack Group and Thailand’s Electricity Generating Public Company Limited (EGCO) in the $1 billion Nam Theun 1 hydroelectric power project.
Also, OMM, Torys, Wachtell Lipton and Weil Gotshal star in GIC’s $700 million investment in XPO Logistics, Tatva and Tempus advise on Cyient’s majority stake acquisition in Invati Insights, and much more in our weekly Southeast Asia deals spotlight.
Allen & Overy has advised Nam Ngiep 1 Power Company, a consortium formed by Japan’s Kansai power, the Electricity Generating Authority of Thailand (EGAT) and the Lao Holding State Enterprise, on a $916 million hydropower project on Laos’ Nam Ngiep river.
Korean companies, rich in cash reserves, are increasingly looking overseas to fulfil their global ambitions. In addition to China, South America and the Middle East, there has been a significant focus on Southeast Asia, which boasts attractive growth rates and low costs. Some of Korea’s law firms too are following their clients there and have already opened, or plan to open, in the region. Kanishk Verghese reports on Korea Inc’s latest outbound trends, and analyses Korean law firms’ strategies overseas and expansion plans for the year ahead.