Cengiz İnşaat Sanayi ve Ticaret A.S v. Libya, ICC Case No. 21537/ZF/AYZ
    Case type:       
  
      Applicable arbitration rules:       
  
      Investment treaty:       
  
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      Economic sector:       
  
      Outcome:       
  
      Amount of damages:     
  
  US $51,200,000
      Other remedy:     
  
    The Tribunal ordered Libya to reimburse Cengiz for its share of administrative costs and hearing expenses, plus interest.
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Feb 2025
  
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