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Pre-Ιnvestment Expenditures, Defining an Investment, and a Problem of Translations: Patel Engineering v the Republic of Mozambique

Kluwer Arbitration

PEL signed a Memorandum of Interest (MOI) on May 6, 2011 with the Ministry of Planning and Development and the Ministry of Transport and Communication (Award, para 163). The government opened a public tender process. The railway corridor would transport minerals, including coal, for export ( Notice of Arbitration , para 2).