2004
Jan de Nul and and Dredging International v. Egypt Jan de Nul N.V. and Dredging International N.V. v. Arab Republic of Egypt (ICSID Case No. ARB/04/13)
Egypt
Belgium
Rights under a contract concluded with Egyptian authorities to undertake a dredging project; contributions of capital and other type of assets required to perform the dredging activities.
Claims arising out of disagreements over additional compensation allegedly due to the investor under a contract it had entered into with the Egyptian agency in charge of the operation of the Suez Canal for the deepening and widening of certain southern stretches of the Canal.
Tertiary: F - Construction
42 - Civil engineering
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Kaufmann-Kohler, G.
Mayer, P.
Stern, B.
Decided in favour of State
80.00 mln USD
Data not available
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Full protection and security, or similar

Other
None - all claims dismissed at the merits stage
None