2017年3月，深圳海茂资源控股有限公司（简称“深圳海茂”）在大成律师事务所的协助下，与南非木西纳麦康度经济特区有限公司(Musina-Makhado Special Economic Zone SOC LIMITED)（简称“SOC公司”，）签署经济特区《运营商协议》。
The Operator Agreement was entered by and between Shenzhen Hoimor Resources Holding Company Limited (“Shenzhen Hoimor) and Musina-Makhado SEZ (SOC) Limited (“SOC”) on Friday 3rd of March 2017. Dentons Guangzhou Office LLP has advised Shenzhen Hoimor on the operation for South African Energy and Metallurgical Cluster established in Limpopo province.
Shenzhen Hoimor will be entitled to operate and manage the South African Energy and Metallurgical Cluster after the signing of Operator Agreement; and is also the anchor investor in the zone. The initial expected investment will be US$3, 8 billion complex. The metallurgical cluster is expected to produce high grade steel for the South African domestic and overseas market, and its manufacturing capacity will consist of a power, coking, ferrochrome, pig iron, steel, stainless steel, lime plants and supporting facilities. SOC is also looking forward to having the spin-offs of this agreement stimulating the whole ripple-effect in terms of economic growth of the region of Vhembe and the province at large.
Dentons team advising Shenzhen Hoimor was led by partner James Lan and counsel Simon Wang. The team advised on the operation structure as well as on draft and review of the Operator Agreement and other issues related to project operation. In addition the team also advised on the validity of lease agreement for leasing of zone land to operator and operation’s authorisation, regulatory and real estate aspects and, subsequently, contractual and negotiation matters related to the operation. Dentons team has won the compliment from the client through efficient work feedback and professional advantage in cross border legal service.