Firm foundations year in review_19-01-16_FB

Regional dispute trends

Africa: Infrastructure development continues to emerge and unsurprisingly, energy and transport sectors are seeing an increase in activity - and therefore disputes. Asia: Has experienced strong growth in commercial developments and with an increasing number of Chinese and Korean contractors focusing on opportunities in new regions, risk mitigation features through use of robust and tailored project contracts. Australia: The end of the mining boom has led to disputes across the natural resources and transportation sectors. Europe: In many countries which have recently acceded to the European Union, disputes have arisen in relation to projects which have EU funding and then encounter scheduling or budget problems. Latin America: World events such as the Rio 2016 Olympics are expected to continue generating disputes and arbitration in addition to the ongoing natural resources sector opportunities. Middle East: The Middle East construction industry anticipates a vast number of disputes in relation to infrastructure and real estate development ahead of upcoming cultural and sporting events (World Expo 2020, Qatar 2022 etc), also the significant number of rail and transportation projects is also expected to generate disputes for those less familiar with local market requirements. Southeast Asia: Countries such as Myanmar, Philippines and Indonesia are facing significant growth and investment in infrastructure. This growth is being supported and funded by third parties but is also leading to an increased number of disputes. Requirement to mediateā€¦. Alternative dispute resolution (ADR) continues to emerge, which has been supported by legislation with requirements to mediate being introduced in regions such as North America andAsia. Mediation remains misunderstood and untrusted in the Middle East.

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