PROJECTS

Dar es Salaam Water Lease Dispute – ICSID, Tanzania

The problem

Biwater Gauff (BGT) sought $25 million in compensation from the United Republic of Tanzania, alleging that the Government’s move to take back Dar es Salaam water services was expropriation. The Government felt justified in canceling the 10-year lease contract held by BGT, on the grounds of poor service delivery, and wanted to avoid paying compensation.

How we helped

Castalia provided expert evidence on the matter of quantum of damages, showing that the value of BGT’s investment in Tanzania was nil. We developed a discounted cash flow model and drafted expert witness reports. During the hearings before an International Centre for Settlement of Investment Disputes Tribunal, in April 2007, we provided expert testimony under cross-examination.

Impact

On 24 July 2008, the arbitral tribunal issued its final decision n this case, declaring that the Government had violated the terms of its bilateral investment treaty with the UK. However, BGT was not awarded any monetary damages.

The client

The United Republic of Tanzania

Our team

David Ehrhardt

Chief Executive

Find out more

ICSID Award

View more Castalia projects

How can we help you?

How can we help you?

WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America

SYDNEY
+61 (2) 9231 6862
Suite 19.01, Level 19, 227 Elizabeth Street
Australia

AUCKLAND
+64 (4) 913 2800
Sinclair House, 3 Glenside Crescent
New Zealand

WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand

PARIS
+33 (0)1 85 64 10 22
3B Rue Taylor
France

BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-121
Colombia

Thinking for a better world.

PROJECTS NEWS BLOG CONTACT

© Copyright 2019 Castalia. All rights reserved. Terms | Privacy | Credits | Sitemap

WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America

SYDNEY
+61 (2) 9231 6862
Suite 19.01, Level 19, 227 Elizabeth Street
Australia

AUCKLAND
+64 (4) 913 2800
74D France Street, Newton South
New Zealand

WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand

PARIS
+33 (1) 73 44 26 97
6 Rue Duret
France

BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-127
Colombia

Thinking for a better world.

PROJECTS NEWS BLOG CONTACT

© Copyright 2019 Castalia. All rights reserved.

Terms | Privacy | Credits | Sitemap