The rail industry is prepared to make sizeable investments in the coming years to meet the needs of the 21st century.
The global rail industry has not been immune to recent challenges, such as the crisis in the financial markets, the slowdown in the manufacturing sector across many industries, and shifts in global trade. In this environment, meeting increasing demand for freight and passenger transportation poses a series of challenges.
With an anticipated US$300 billion being invested globally to upgrade, expand and initiate railway networks, the rail industry needs to solve substantial business issues, such as capacity and congestion, operational efficiency and reliability, structural and competition issues, and safety and security.
Clifford Chance's Rail Industry Group works with its clients locally and internationally to help them address these issues, drawing on industry knowledge gained from our regular involvement in some of the most important, innovative and complex projects in this sector.
Offering clients the benefit of a leading Rail Industry Group
Clifford Chance's dedicated, cross-practice Rail Industry Group – part of our global Transport & Logistics Group – comprises a team of leading professionals in the field who have worked extensively in the rail industry in the UK and internationally and offer clients an in-depth knowledge of the rail sector and projects market.
We advise on both heavy and light domestic and international projects and act for governments/public sector entities, infrastructure operators, passenger rail operators, project sponsors, banks and financial institutions, leasing companies and equipment manufacturers. Members of our Rail Industry Group have worked on a number of significant rail-related projects, including the British Rail privatisation and the majority of major UK rolling stock new-build projects since then.
Private finance and the public sector
Clifford Chance is a recognised market leader in PFI/PPP projects that invariably need strong legal counsel to achieve workable structures to meet the needs of all concerned. Our lawyers advise on domestic and international transactions, providing legal services to project sponsors, financial institutions and advisers, consortia, independent contractors and governmental bodies.