Nail Hassanov

Partner

Overview

Nail Hassanov is a Partner at Kosta Legal leading the firm’s PPP and infrastructure practice. He brings over 15 years of distinguished experience in navigating the complexities of public-private partnerships (PPP), infrastructure development and project finance in Uzbekistan. His portfolio includes pioneering deals that are “first of their kind” in the region, showcasing his ability to craft innovative approaches and structures.

Nail excels in guiding infrastructure and PPP projects, providing legal advice to entities involved in both greenfield and brownfield initiatives. He adeptly navigates transactions to secure financing for the construction and development of production facilities, as well as hard and social infrastructure. His impressive client roster features developers, contractors, institutional investors, infrastructure funds, international financial institutions, sovereign wealth funds, and commercial and development banks.

Nail skillfully negotiates with state agencies and state-owned enterprises, drafts tailored legal frameworks for investment projects, and structures investment and PPP agreements. He is an author of legal commentaries and a valued member of expert groups advising the Government of Uzbekistan on the development of new legislative initiatives.

Project Highlights

Masdar (UAE), a global energy leader, on the Uzbek law aspects of its joint venture with TotalEnergies, formed as part of a broader multi-jurisdictional platform consolidating onshore renewable energy businesses across nine countries in Asia, with a total value of approximately USD 2.2 billion

IFC (US) and the Government of Uzbekistan on structuring and implementing a PPP framework for the modernization, financing, construction, operation, and maintenance of 23 pumping stations across various regions of Uzbekistan

ADB (Philippines) and the Ministry of Health of Uzbekistan on designing and implementing a PPP project to design, construct, equip, finance, and operate hybrid (infra and medical services) multi-disciplinary hospitals in the Bukhara region of Uzbekistan

Masdar (UAE) on the development, financing, construction, operation and maintenance of multiple renewable energy projects across various regions of Uzbekistan, with a combined capacity exceeding 3 GW

EBRD (UK) and the Ministry of Higher Education, Science and Innovation of Uzbekistan on designing and implementing a PPP project to design, build, equip, finance, operate and maintain up to 17 student dormitories with a capacity of up to 18,000 student beds for an agreed period

ADB (Philippines) and the PPP Development Agency of Uzbekistan under the Ministry of Economy and Finance of Uzbekistan on improving the Law on PPP for bringing it closer to international standards, eliminating inconsistences with other Uzbek legislation and presenting a draft of the amendment to the PPP Law to internal committees of the Parliament of Uzbekistan

Awards & Recognition

Band 1, Chambers Global and Asia-Pacific 2026. “Nail Hassanov is a leading lawyer in Uzbekistan whose expertise extends across a range of instructions in the energy and infrastructure sectors, including project finance and development.”
Leading Partner, The Legal 500 EMEA 2026. “Nail Hassanov demonstrates strong PPP expertise and precise, commercially grounded execution.”

Capabilities

PPP and Infrastructure

Energy and Utilities

Project Development

Languages

English

Uzbek

Russian

Qualifications

APMG’s Certified Professional (CP3P Foundation, Preparation and Execution Courses)
Admitted as an advocate, Uzbekistan

Education

Vrije Universiteit Amsterdam, LLM in International Business Law, 2009

University of World Economy and Diplomacy (Uzbekistan), LLB In International Law, 2007