African Legal Awards Transportation and Infrastructure Team of the Year: DLA Piper and IKM
Winning firms advise on $500m medical equipment services public-private partnership
November 17, 2016 at 05:48 AM
2 minute read
Finalists: Baker & McKenzie; Fasken Martineau; Norton Rose Fulbright; TTA – Sociedade de Advogados (PLMJ Network); Webber Wentzel (highly commended); White & Case
DLA Piper and its Kenyan affiliate Iseme Kamau & Maema's work with Kenya's government to deliver a $500m medical equipment services public-private partnership helped them win the Transportation and Infrastructure Team of the Year prize.
The project is the first time such a structure has been used in Africa to procure medical equipment and facilities, and is one of the largest sustainable healthcare projects on the continent. The firms advised the government and health ministry on all aspects of the project, from the central procurement of supply to kitting out 94 hospitals across the country with internationally accredited medical gear, thereby ensuring Kenyans no longer have to travel for first-class medical treatment (part of Kenya's Vision 2030 plan to provide affordable, accessible and quality healthcare for the entire population).
The firms also advised on the government's contract negotiations with five appointed global medical equipment suppliers and the financing of those contracts, which included a mix of asset finance, receivables finance and corporate finance structures, to make sure the programme remains affordable. The cross-border project was managed by DLA Piper partner Colin Wilson (pictured) and run out of London and Kenya, combining the firms' global and local expertise.
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