Pinsent Masons advises on landmark 'One Belt One Road' project

23 Dec 2015 | 09:39 am |

International law firm Pinsent Masons has advised on one of the first projects to be financed under China’s ‘One Belt One Road’ initiative - Thar Block II coal mine in Pakistan and two associated 330-megawatt power plants.

The firm worked with the two project companies, the mine company (a joint venture of the Government of Sindh, Engro Corporation, various Pakistan and Chinese investors and China Machinery Engineering Corporation) and the Power company (a joint venture of Engro, CMEC and a Pakistan investor).

Funded as part of the China Pakistan Economic Cooperation’s $46 billion investment programme, the deal is CMEC’s first major overseas investment project.

The two financings comprise a mix of Chinese credit from Sinosure with additional conventional and Islamic Pakistan rupee tranches.

The team at Pinsent Masons was led by a cross border team working from Beijing, Hong Kong, Singapore and Dubai.

One of the lead partners advising on the deal, David Platt, commented: “This is genuinely a trailblazing project for China's energy and infrastructure industries. We look forward to continuing to work with Chinese businesses and their partners as the One Belt One Road initiative develops.”

Latest press releases

Show me all press releases

Pinsent Masons has 2040 science-based net-zero target verified

Multinational law firm Pinsent Masons is one of the first law firms to have its global 2040 net-zero target verified by the Science Based Targets initiative, as it doubles down on efforts to reduce its impact on climate change.

Pinsent Masons is successful with City of Munich landmark Oktoberfest appeal

Multinational law firm Pinsent Masons is advising the City of Munich in appeal proceedings brought by the organisers of a planned Oktoberfest event in Dubai. The organisers provided cease-and-desist undertakings, thereby in effect accepting a preliminary injunction issued in this landmark case by the District Court in favour of the City of Munich.

Pinsent Masons advises Northern Gritstone on £215m fund raising

Multinational law firm Pinsent Masons has advised the new investment business Northern Gritstone, founded by the Universities of Leeds, Manchester and Sheffield, on its £215m fund raising.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons has 2040 science-based net-zero target verified

Multinational law firm Pinsent Masons is one of the first law firms to have its global 2040 net-zero target verified by the Science Based Targets initiative, as it doubles down on efforts to reduce its impact on climate change.

Pinsent Masons is successful with City of Munich landmark Oktoberfest appeal

Multinational law firm Pinsent Masons is advising the City of Munich in appeal proceedings brought by the organisers of a planned Oktoberfest event in Dubai. The organisers provided cease-and-desist undertakings, thereby in effect accepting a preliminary injunction issued in this landmark case by the District Court in favour of the City of Munich.

Pinsent Masons advises Northern Gritstone on £215m fund raising

Multinational law firm Pinsent Masons has advised the new investment business Northern Gritstone, founded by the Universities of Leeds, Manchester and Sheffield, on its £215m fund raising.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts