2004
Cemex v. Indonesia Cemex Asia Holdings Ltd v. Indonesia (ICSID Case No. ARB/04/3)
Indonesia
Singapore
Minority shareholding in a State-owned Indonesian cement firm.
Claims arising out of the non-execution of claimant's contractual option to buy a majority shareholding in the State-owned entity in which it had invested, due to alleged local opposition by workers and politicians to a foreign takeover of the company.
Secondary: C - Manufacturing
23 - Manufacture of other non-metallic mineral products
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Fortier, L. Y.
von Mehren, R.
Stern, B.
Award embodying the parties' settlement agreement dated 23 February 2007, pursuant to Arbitration Rule 43(2)
400.00 mln USD
337.00 mln USD
Data not available
Not applicable - settled or discontinued before decision on liability
None