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Dispute-handling protocol launched for 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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"We realised that there is a critical gap in the infrastructure space - the need for more cost- and time-efficient resolution of infrastructure disputes, facilitated by experts." - Indranee Rajah, Second Minister for Finance

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...

sentifi.com

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