Public-Private Partnerships
Belgium has a pressing need for the construction, renovation or replacement and public infrastructure in various sectors. Due to budgetary constraints, public authorities at the different Belgian levels are increasingly relying on public-private partnerships (PPPs) to structure their infrastructure projects.
Renaissance of the Belgian PPP market
Financial close PPP project Tram de Liège
New investors and control measures for institutional BE-REITs
New authorised activities for BE-REITs and measures encouraging investments
An integrated projects team
The legal complexity of PPPs requires a comprehensive approach and a unique combination of legal expertise. Loyens & Loeff has assisted clients across energy, transport and infrastructure sectors with successfully closing their projects. Our team encompasses the full array of legal and tax experts needed during the entire life-cycle of your project. Our specialists have advised the various actors regularly involved in projects and have a deep understanding of each of their perspectives and of the market generally.
One-stop shop
We offer you a one-stop shop in relation to all tax, accounting and legal aspects of your PPP, from the inception, the acquisition, the structuring and the raising of financing, to the closing, the performance and the divestment. The cooperation between the various specialists within our firm works to the client’s advantage, as issues are tackled from different angles, creating synergy and increasing efficiency.
We can rely on a vast network of Belgian law specialists who are used to work together across their various practice groups in order to provide you with a seamless service.
Covering all relevant areas of expertise
The expertise of our projects team includes:
- Construction law
- Corporate documentation
- Financing structures, including alternative financing
- Financing documentation
- Planning and zoning and environmental permits
- Project documentation for DBFM and other structures, including all sub-contracts
- Public procurement
- Real estate
- Tax and accounting structuring of PPPs, including Belgian GAAP, IAS-IFRS and ESA2010
All team members have actual, first-hand experience of working on leading project financing and PPP projects. At Loyens & Loeff, we work in partnership with our clients in order to help them reach their goals. We pride ourselves in giving strategic, concise and pragmatic advice.