Convial Callao v. Peru Convial Callao S.A. and CCI - Compañía de Concesiones de Infraestructura S.A. v. Republic of Peru (ICSID Case No. ARB/10/2)
Rights under a concession agreement to build and operate a toll highway in Peru; financing for the construction of the project.
Claims arising out of the earlier termination by the Callao municipal government of a concession to construct a toll highway near Lima previously granted to the claimants.
Tertiary: F - Construction
42 - Civil engineering
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Derains, Y.
Zuleta, E.
Stern, B.
Decided in favour of State
105.00 mln USD
Data not available
Indirect expropriation

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Full protection and security, or similar

Most-favoured nation treatment

Arbitrary, unreasonable and/or discriminatory measures
None - all claims dismissed at the merits stage