Baron Point principal Kenneth R. Marks, emeritus in memoriam, structured the US$1.5 billion equity and debt financing package, along with the US$1.5 billion political and default risk insurance facility provided by U.S. EXIM Bank and Japan’s MITI. Baron Point’s former General Counsel also worked closely to structure the legal framework across 14 jurisdictional landings and played an integral role in local market execution, including Engineering, Procurement, and Construction Management (“EPC”) activities associated with this landmark achievement.

The project is the world’s first east-to-west cable system and the first independent cable system to land in China, Thailand, Saudi Arabia, and Jordan, and is regarded as the alpha technology achievement for the Kingdom of Thailand by Rama IX, the 9th King of Thailand, and the Privy Council of Thailand.