Project Finance & Concessions
J&P has played an instrumental role in projects which require finance, acting both as advisor as well as negotiator and organiser of project financing.
Doha Intercontinental Hotel, Qatar
J&P was responsible for the design and construction of the luxury five star Doha Intercontinental Hotel.
J&P participated with an equity stake of 31.08% in the hotelís owning company and arranged the projectís financing for the client to the amount of USD 30 million.
J&P also arranged further financing for the client for additional extensions made to the Hotel after completion of the main contract.
Allama Iqbal International Airport, Lahore, Pakistan
A joint venture between Joannou & Paraskevaides (Overseas) Ltd and Airsys ATM Ltd was awarded the contract for the construction of the Lahore International in Pakistan for an equivalent of USD 200 million.
Joannou & Paraskevaides (Overseas) Ltd and Airsys ATM Ltd arranged project financing for the client through ANZ Investment Bank in London to the amount of USD 200million.
J&P actively pursues participation in concessions for large infrastructure projects we are members of several international consortia bidding for prestigious concession type projects.
Queen Alia International Airport, Amman, Jordan
J&P (Overseas) Limited holds a shareholding of 9.5% in the concessionaire company Airport International Group P.S.C. (AIG) which has been awarded the 25-year concession for the operation, maintenance, extension and rehabilitation of Queen Alia International Airport, Amman.
In addition to being a member of the concession company, a joint venture of Joannou & Paraskevaides (Overseas) Limited and J&PĖAvax SA are responsible for the construction of the project.