Build-Operate-Transfer and Concession Advisory

Build-Operate-Transfer, Concession and Public Private Partnership Advisory

Long-horizon infrastructure arrangements where the risk allocation you agree at the outset governs the next twenty to thirty years.

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  • Advocates & Solicitors
  • Offices in Kuala Lumpur & Johor Bahru
  • Confidential, no obligation
Ahmad Solehin Abd Ghani, PartnerNur Khalis Johar Amin, PartnerNur Amira Syahira, Senior AssociateSiti Zubaidah Jemadi, Senior AssociateSiti Sarah Sarif, Senior AssociateMadihah Hisham, AssociateNur Afiqah Qasrina, AssociateKritigeswari P. Ramesh, AssociateHafiz Azhari Zamree, AssociateNur Ashsyifa' Aqila, Trainee Associate

Real lawyers, one team behind every matter

Who this is for

Sound familiar?

01

Concessionaires bidding for or negotiating infrastructure concessions

02

Public authorities and statutory bodies structuring a concession or PPP

03

Developers and operators in utilities, transport, waste or energy projects

04

Lenders and investors assessing a concession before committing

05

Parties whose existing concession requires extension, variation or renegotiation

What's at stake

What is really at stake

  1. 01
    A concession is not a contract you sign and file.It is a relationship with a public authority lasting decades, through changes of government, changes of policy and changes in the economics that made the project viable.
  2. 02
    The tariff mechanism has to survive inflation nobody forecast.The force majeure clause has to cover events nobody imagined. The transfer provisions have to work when the assets are twenty-five years old and the original signatories have long since retired.
  3. 03
    Get the risk allocation wrong at financial close and there is no realistic point at which it can be corrected.

In plain words

Build-Operate-Transfer and Concession Advisory

Advisory and documentation for build-operate-transfer, concession and public private partnership arrangements — covering the concession structure, risk allocation between public and private parties, the tariff or revenue mechanism, construction and operating obligations, step-in and termination rights, and the transfer of assets at the end of term.

What good looks like

Imagine reaching financial close with a documented risk matrix, a tariff mechanism that adjusts with defined triggers, and a transfer regime specified while the asset is still on paper. Lenders can price the risk. The authority knows what it is receiving. The concessionaire knows what it must deliver.

What you get

What we deliver

Scope and fee are agreed in writing before any work starts, so you know exactly what you are getting.

  1. 01

    Concession structure and statutory framework advice

  2. 02

    Risk matrix allocating construction, operating, demand and political risk

  3. 03

    Deal lifecycle map from bid to asset transfer

  4. 04

    Concession or BOT agreement drafted or reviewed

  5. 05

    Legal due diligence report and written opinion for lenders or the board

How we work

Clear from the first conversation

  1. 1

    Send a short request

    Tell us what the matter is about. It takes under a minute and stays confidential.

  2. 2

    Akmal sets a time with you

    We reply within 30 minutes in office hours to arrange your consultation, online or at our KL or JB office.

  3. 3

    Advice, then a written proposal

    You get a clear view of the issues and options, then a written scope and fee proposal.

  4. 4

    Work begins on the agreed scope

    Akmal leads the matter with a team of our lawyers, working to the scope you approved. You get regular updates at every key step.

Scope and fee in writingAgreed before any work starts. No open-ended billing surprises.
Online where it suits youMost work is done online. We meet in person when the law requires it.
Fast, direct repliesWithin 30 minutes during office hours, Mon–Fri 8:30am–5:30pm.

Who leads your matter

Led by Akmal Saufi, supported by our team

Akmal leads your matter as Partner. Depending on the work, other lawyers in our team handle parts of it day to day, with Akmal overseeing the matter.

Akmal Saufi

Akmal Saufi

Partner, Messrs Akmal Saufi & Co

  • Advocate & Solicitor, Malaysia
  • Over 13 years in transactional work: M&A, joint ventures, land and infrastructure
  • LLB (Hons), International Islamic University Malaysia

The team behind your matter

Meet the team →
Ahmad Solehin Abd Ghani, Partner
Ahmad Solehin Abd GhaniPartner
Nur Khalis Johar Amin, Partner
Nur Khalis Johar AminPartner
Nur Amira Syahira, Senior Associate
Nur Amira SyahiraSenior Associate
Siti Zubaidah Jemadi, Senior Associate
Siti Zubaidah JemadiSenior Associate
Siti Sarah Sarif, Senior Associate
Siti Sarah SarifSenior Associate
Madihah Hisham, Associate
Madihah HishamAssociate
Nur Afiqah Qasrina, Associate
Nur Afiqah QasrinaAssociate
Kritigeswari P. Ramesh, Associate
Kritigeswari P. RameshAssociate
Hafiz Azhari Zamree, Associate
Hafiz Azhari ZamreeAssociate
Nur Ashsyifa' Aqila, Trainee Associate
Nur Ashsyifa' AqilaTrainee Associate

Who we have acted for

Organisations we have acted for

Federal government agencies & statutory bodies

Johor state bodies & local authorities

Government-linked companies

Private sector & NGOs

Shown with permission. Government agencies, statutory bodies and government-linked companies are identified as such. Their inclusion does not imply endorsement by any government, ministry or agency.

Next step

Request a consultation with Akmal

  1. 1Send a short request. It takes under a minute.
  2. 2Akmal reviews it and arranges a time with you.
  3. 3You get clear advice, then a written scope and fee proposal.

We reply within 30 minutes · Mon–Fri, 8:30am–5:30pm

Your details stay confidential. Sending a request does not mean you have appointed us.

  • Licensed advocates & solicitors
  • Professional indemnity insured
  • Offices in KL & JB

Questions

Frequently asked questions

Still unsure? Send a short request and Akmal will tell you plainly whether and how we can help.

What is the difference between BOT, BOO and a PPP?

Mainly who owns the asset and when it transfers. The label matters less than the actual allocation of risk and ownership, which is what we focus on.

How is the tariff or revenue mechanism protected over a long term?

Through indexation, defined review triggers and change-in-law provisions. Drafting these well is the single highest-value part of the work.

What happens if the authority terminates early?

That depends entirely on the compensation regime in the concession agreement, which is why lenders scrutinise it so closely.

Can you support us at bid stage?

Yes. Advice before the bid is submitted is usually worth considerably more than advice after it has been accepted.

We are the public authority. Can you act for us?

Yes. We act for statutory bodies and state-linked entities as well as private concessionaires.

What is Legal That Works?

Legal That Works is a business and organisation oriented legal service designed by Messrs Akmal Saufi & Co (the firm that has brought the widely known legal consumer services brand ASCOLAW). We specifically help business owners and organisation leadership to navigate Malaysia’s legal terrain to achieve their commercial goals.

What if I’m not sure what legal service I need?

No problem. Most business owners aren’t legal experts. Just reach out and we will guide you to the right service or help you understand your options, without jargon or upselling.

Who will be helping me?

Your matter is led by Akmal Saufi, Partner. Depending on the work, other advocates and solicitors in our team will handle parts of it day to day, with Akmal overseeing the matter. You will always deal with real lawyers, not chatbots or generic customer support.

Before you sign

The cost of waiting

Risk allocation is fixed at financial close. Everything afterwards is operating within the deal you agreed, for the whole of its term.

WhatsApp us

We reply within 30 minutes · Mon–Fri, 8:30am–5:30pm

Legal That Works logo

Legal That Works (Messrs Akmal Saufi & Co) is a Malaysian business friendly legal services firm providing services across multiple industries and practice area fuelling business growth and ambition.

All rights reserved. © Legal That Works is a legal service by Messrs Akmal Saufi & Co (Registration No. 00020004166). 2014-2026
Regulated by the Malaysian Bar Council under the Legal Profession Act 1976.

Legal That Works logo

Legal That Works (Messrs Akmal Saufi & Co) is a Malaysian business friendly legal services firm providing services across multiple industries and practice area fuelling business growth and ambition.

All rights reserved. © Legal That Works is a legal service by Messrs Akmal Saufi & Co (Registration No. 00020004166). 2014-2026

Regulated by the Malaysian Bar Council under the Legal Profession Act 1976.

Legal That Works logo

Advocates & Solicitors in Kuala Lumpur and Johor Bahru

Legal That Works logo

Advocates & Solicitors, KL and JB