Singapore Infrastructure Dispute-Management Protocol introduced to aid big infrastructure projects
Parties in such projects will set up a Dispute Board of neutral experts to quickly resolve issues as they crop up
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Janice Heng
Singapore
TO MAKE mega infrastructure projects more bankable, a Singapore Infrastructure Dispute-Management Protocol has been introduced to help parties manage disputes, thus minimising the risks of time and cost overruns.
It has already attracted interest from parties keen to incorporate it into their projects estimated to be worth S$500 million or more, the Ministry of Law said on Tuesday.
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