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2012
Veolia v. Egypt Veolia Propreté v. Arab Republic of Egypt (ICSID Case No. ARB/12/15)
Applicable IIA
Nationality of the parties
Egypt
France
Summary of matters at issue
Rights under a 15-year contract concluded with the governorate of Alexandria to provide waste management services in that city.
Claims arising out of disagreements over the performance of a contract entered into between Veolia's subsidiary, Onyx Alexandria, and the governorate of Alexandria to provide waste management services, including Egypt's alleged refusal to modify the contract in response to inflation and the enactment of new labour legislation.
Economic sector and subsector
Tertiary: E - Water supply; sewerage, waste management and remediation activities
38 - Waste collection, treatment and disposal activities; materials recovery
Arbitral rules and administering institution
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Composition of tribunal
Yusuf, A. A.
Sachs, K.
Douglas, Z.
Status/Outcome of original proceedings
Pending
Decisions rendered
Decision on Objections to Jurisdiction dated 13 April 2015
Amount of compensation
Data not available
Data not available
IIA breaches alleged/found
Data not available
Pending
Follow-on proceedings
None
Link to Italaw's case page