Martin David

Baker & McKenzie Wong & Leow
Not admitted to practice law in this jurisdiction


Martin David is a principal in the Finance and Projects Practice Group at Baker McKenzie Wong & Leow and heads the Projects practice in Asia and Singapore.

Practice Focus

Martin is a projects and infrastructure lawyer with particular experience in projects, project finance, energy M&A, general finance, and international construction. He has over 25 years of experience in Asia acting both for sponsors and lenders (including multilateral agencies) on the full range of infrastructure projects and project financings, with particular strengths in power, telecommunications, petrochemicals and roads. He is a former civil engineer and has market leading experience in relation to greenfield IPPs in Asia, particularly in the renewables sector (wind and geothermal).

Representative Legal Matters

  • Acting for a sponsor on the construction, development and maintenance arrangements of a 150MW wind power project (Cattle Hill Wind Farm) in Central Highlands of Tasmania, Australia.

  • Acting for Sembcorp and their local partner on the IFC-backed development and financing of the 400MW Sirajganj gas/oil fired greenfield power project in Bangladesh (Asia Pacific Deal of the Year - Power by IJGlobal Awards 2017 and Asia Business Law Journal's Deal of the Year 2017).

  • Acting on the development and financing of the 60MW Hasang hydro project, Indonesia, including all aspects of the drafting and negotiation of the project and financing documents (Asia Pacific Deal of the Year - Hydro by IJGlobal Awards 2016).

  • Advising Newcom and Softbank on the 50MW Tsetsii Wind Farm in Mongolia, including leading the team on the finalisation of the project documents and on the limited recourse financing by JICA and EBRD (Asia Pacific Deal of the Year - Wind by IJGlobal Awards 2016).

  • Advised ADB in the USD 2 billion project financing to be provided by ADB and commercial banks to (i) Northern Bangkok Monorail as the project company in relation to the development of the MRT Pink Line monorail project and (ii) Eastern Bangkok Monorail as the project company in relation to the development of the MRT Yellow Line monorail project in Thailand.

  • Advising Gulf Energy Development Public Company Limited on project financing for their 1,200 MW natural gas-fired power project.

  • Lead lawyer in drafting and negotiating all the project agreements on a number of greenfield Power Projects in Asia (e.g. PPA, concession/implementation agreement, fuel supply, EPC contracts, O&M agreements) including two IPPs in Bangladesh (400MW Haripur and 450MW Meghnaghat - the first IPPs in Bangladesh), the 1,400 MW BLCP IPP in Thailand, three IPPs in Pakistan (including redrafting the Pakistan template PPA and IA for the government), and the 200MW Mindanao coal-fired power project in the Philippines.

  • Advising Cleantech Solar Asia on its strategic partnership with Climate Fund Managers (CFM) by way of a material equity investment by CFM. This involved reviewing the regulatory regime across a number of jurisdictions and assisting in ongoing development of solar rooftop projects.

  • Advised the lenders to a sponsors' consortium on the bid for the Kuala Lumpur-Singapore High Speed Rail project which did not proceed.

  • Acted for YES Bank in the acquisition financing of approximately USD 800 million given to nine Indian project companies (each owned by certain Macquarie funds) in the first ever acquisition of nine roads from the National Highways Authority of India under the Toll Operate Transfer Concession Agreement. The deal is one of the largest foreign investments ever in India’s public infrastructure and entitles the Macquarie funds to manage a little less than 700 km of national highways in the states of Andhra Pradesh and Gujarat.

Professional Associations and Memberships

  • Law Society of England & Wales


  • England & Wales~North America (1990)
  • England & Wales~United Kingdom (1990)


  • City of London Polytechnic (C.P.E.) (1987)
  • City of London Polytechnic (Bachelor of Applied Science) (1987)
  • University of Birmingham (B.Sc. Engineering) (1983)
  • University of Birmingham (LL.B. Engineering) (1983)


  • English