In this episode of Global Market Outlook, partner Caroline Miller Smith covers concession agreements from many angles—why they exist, what makes them interesting, their complexity and risks, and the need for a strong legal understanding across sectors and jurisdictions. Caroline explains that concessions must deliver healthy outcomes for both states and investors, underpinned by strong legal analysis to structure bankable, resilient agreements. Well-designed concessions are critical tools to mobilize private capital into strategic infrastructure and resources while managing political and regulatory risk.
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This article is prepared for the general information of interested persons. It is not, and does not attempt to be, comprehensive in nature. Due to the general nature of its content, it should not be regarded as legal advice.
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