Impresa Pizzarotti v. Morocco Impresa Pizzarotti & C. S.p.A. v. Kingdom of Morocco (ICSID Case No. ARB/19/14)
Investments in the construction of a road tunnel in Rabat as part of a joint venture (Pizzarotti & Alpi De Co).
Claims arising out of a Government agency’s alleged failure to pay the claimant the full amounts for the completed construction of the Oudayas tunnel in 2011 and to compensate the claimant for undue penalties imposed for construction delays. According to the claimant, the project time and costs increased due to the agency’s misrepresentation of the project during the international tender process.
Tertiary: F - Construction
42 - Civil engineering
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Rosell, J.
Brower, C. N.
Heiskanen, V.
Order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 43(1) dated 17 May 2021
50.00 mln EUR (55.80 mln USD)
Data not available
Data not available
Not applicable - settled or discontinued before decision on liability