The Qatar Chamber-headquartered Qatar International Centre for Conciliation and Arbitration (Qicca) and the UK-based Royal Institution of Chartered Surveyors (RICS) signed a memorandum of understanding (MoU) yesterday to launch a “conflict avoidance service” at Qicca.
The MoU also aims to enhance co-operation in the field of training, exchange of experiences and expertise, organisation of joint events and seminars, and related research and studies.
The agreement was signed by Qicca board member for International Relations Sheikh Dr Thani bin Ali al-Thani and RICS regional director Robert Jackson on the sidelines of a joint seminar held at Qatar Chamber to highlight ways to avoid disputes in the construction industry.
Qicca assistant secretary-general Ibrahim Shahbik said the seminar addresses mechanisms of disputes settlement in construction projects, which require all parties to exert combined efforts to implement projects immediately. He noted that the lack of co-ordination among parties concerned could result in disputes and impact on the project schedule and hinder its progress.
Shahbik said the seminar sheds light on the practical aspects of conflict avoidance “in light of the great renaissance witnessed by the State of Qatar” in the fields of construction through a package of pilot projects, “which ensures the progress of the country to take the lead in many areas.”
Jackson, on the other hand, reviewed the mechanisms to avoid disputes in construction projects and the fundamental standards that have an impact on the construction and real estate sectors. He said the value of construction disputes in the Middle East exceeded $56mn in 2018.
According to RICS, the industry as a whole needs to move towards a more collaborative delivery model and believes that the usage of Dispute Avoidance Services (DAS) will help the market tackle various issues. An early intervention strategy to avoid and control disputes in construction projects before they escalate to arbitration or litigation, DAS encourages a culture of cooperation between parties, RICS added.
LEAVE A COMMENT Your email address will not be published. Required fields are marked*
QFC new strategy is focusing on markets with growth potentials
Lukoil wants Opec+ kept forever; it’s got some convincing to do
US is targeting sub-Saharan Africa for first free-trade pact
Large Exxon shareholder starts divesting over climate change
Katitas sees big business opportunity in Japan’s 8mn empty homes
Asean leaders seek to bolster position in face of trade war
Dollar poised to slide into a ‘modest’ bear market, says Amundi
Trump blacklists more China tech companies days before Xi summit
Dish seeks a favour from FCC for T-Mobile-Sprint deal role