Rayek Khoury

Partner

Corporate and Capital Markets Department

Adv. Khoury is a partner in the Corporate and Capital Markets Department.

Adv. Khoury possesses extensive experience in the infrastructure, project finance and tender fields. He is highly regarded for his expertise in providing ongoing counsel to large scale infrastructure and real estate projects, especially those based on cooperation between the private and the public sector through the PPP or BOT models, as well as complex contracting projects involving both local and foreign entities.

In addition, Adv. Khoury provides ongoing counsel throughout all stages of tender processes, including with regard to international tenders. In this capacity, Adv. Khoury represents bidders, advising them on all stages of the tender and providing ongoing legal counsel, examining the tender documents and requirements; drafting the relevant contractual agreements during the tender process and afterwards (including FIDIC based agreements) with sub-contractors, advisers, consultants, and others; drafting shareholders agreement, joint venture agreements, EPC and O&M agreements; examining financing matters; providing various legal opinions; and more.

Over the years, Adv. Khoury provided counsel to some of the largest public and private companies in the Israeli market, as well as international companies. Adv. Khoury advised his clients on numerous infrastructure transactions, including large scale projects which attracted considerable media attention, such as: the light rail project in Tel Aviv; the tender for the light rail project in Jerusalem; the tender for the establishment of the IDF’s Intelligence campus in the Negev; the Carmel Tunnels in Haifa; representing the issuer of the tender for the establishment of a blood bank in Ramla; the tender for the establishment of new ports in Ashdod and Haifa; the Hadera OPC power plant project; the expansion of the Tel Aviv Courthouse project; several railway projects, including the Akko-Karmiel railway project, the Haifa-Beit She’an railway project, and the Herzliya-Kfar-Saba railway project; route 531 project; and more. In addition, Adv. Khoury provides ongoing counsel to local and foreign clients regarding cross border projects.

In 2017, Adv. Khoury was recognized as one of the most promising forty under 40 in Israel by the prominent ‘The Marker’ magazine.

Education

LL.M. (cum laude), Commercial Law, Tel Aviv University Executive Program (in collaboration with Berkley University), 2013

LL.B., Hebrew University of Jerusalem, 2005

Bar Admission

Israel Bar Association, 2006

"An expert in project finance and all stages of the tender process, aiding local and foreign entities in complex contracting projects."

The Legal 500 | 2023

"Specialises in tender law, infrastructure and project finance."

The Legal 500 | 2020

"Notable practitioner."

IFLR1000 | 2020

Representative Work

Tender for the Jerusalem Light Rail - Green Line
10B ILS

Representing the construction contractor in one of the groups bidding for the 10B ILS tender for the Jerusalem Light Rail - Green Line.

Ministry of Defense 'Broad Horizon' Tender
Billions of ILS

Representing a bidder in the Ministry of Defense tender for the finance, planning, construction, operation and maintenance of the 'Broad Horizon' project in Ramla.

Magen David Adom (MDA)
Hundreds of millions of ILS

Representing MDA in a tender for the establishment of the Blood Bank, valued at hundreds of millions of ILS.

Tender for the Tel Aviv Light Rail - Green and Purple Line
10B ILS

Representing the construction contractor in a 10B ILS tender for the finance, planning, construction and maintenance of the Green and Purple Line of the Tel Aviv Light Rail, published by NTA.