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We are delighted and proud to announce that OSP in association with Ashurst has won 'Project Finance Deal of the Year' and 'Indonesia Deal of the Year' for our work on the Jakarta-Bandung High-Speed Rail Project, at the ALB Indonesia Law Awards 2018.

The Jakarta-Bandung High Speed Rail Project, one of the largest Indonesian infrastructure projects and the first high speed railway project in Indonesia, is considered a national strategic project by Indonesia and a pilot project for China's Belt-and-Road Initiative. OSP is acting as the Indonesia legal counsel for China Development Bank on the approximately US$4.5 billion financing, the largest project financing transaction in Indonesia.

The ALB Indonesia Law Awards, presented by Asian Legal Business, pays tribute to outstanding performance of private law practitioners and in-house teams from all over Indonesia. This year's award ceremony was held on October 4 at the Mandarin Oriental hotel.

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