A Qatar International Centre for Conciliation & Arbitration (QICCA) webinar discussed the role of arbitration in the construction industry during the pandemic.
The event titled “Arbitration Construction Disputes during Covid-19 and Beyond” examined the difficulties in the industry and the adjustments and amendments to the rules. It was organised by the QICCA in cooperation with the Chartered Institute of Arbitrators (CIArb).
Also, it discussed the management of Qatar`s latest large-scale projects and reviewed the most important challenges of the construction industry in the region. It was noted that the pandemic affected projects in construction, urban development and real estate around the world negatively.
In Qatar, construction forms a large part of the mega projects. The impact of the pandemic ranged from shortages of materials caused by the disruption in supply-chains to cash-flow issues due to inflated prices. There were energy constraints and difficulties with employment due to the precautionary measures which included border closures and travel restrictions.
The QICCA noted that these difficulties inevitably led to stresses and strains between partners and resulted in conflicts thereby increasing the number of disputes and cases in the country. The panel agreed that arbitration is an effective way to resolve disputes, if friendly mechanisms, such as negotiation and mediation have failed.
Qatar`s courts have shown a great level of flexibility to adapt to the conditions resulting from the pandemic. It included technical challenges related to holding sessions remotely using modern technology and legal considerations due to the unprecedented situation.
In addition, a number of new legal directives were issued to ensure the continuity of arbitration. The panel noted that disputes related to construction present many considerations not found in regular cases. These include the highly specialised technical nature of construction contracts and other complicating matters such as the engagement or involvement of foreign counterparts in form of developers, investors, contractors, sub-contractors and partners.
Please click on the link and reach out to learn more about the latest developments in arbitration in the State of Qatar as well as the initiatives of Business Start Up Qatar.
Qatar’s foreign merchandise trade balance increased by 171 percent in November 2021 compared to November 2020 according to the latest figures released by the Planning and Statistics Authority...Read more
A webinar hosted by the Qatar Financial Centre (QFC) and titled “Exploring Tender Opportunities at the Supreme Committee for Delivery & Legacy” discussed the potential for businesses and projects related...Read more
The State of Qatar is expected to invest more than QAR 113.15 billion (USD 31 billion) into large-scale projects this year. The estimation is in line with the country’s QAR 47.45 billion (USD 13 billion)...Read more
Qatar’s plans to expand the Liquefied Natural Gas (LNG) capabilities and capacities promise a major boost to the growth of the national economy. The expansion results in a projected surplus between 2021...Read more
Qatar’s budget for the first quarter of this year was exceeded by QAR 200 million (USD 54.8 million). The surplus is partly related to the most recent increase in the oil prices, the level of budgetary...Read more
Qatar has witnessed a lot of investment in the digital sector in line with the digital transformation of the country and the establishment of a knowledge-based economy as set out in the [Qatar National...Read more
With the world’s economy coming to a near standstill in 2020, economists from around the world have shared various analyses into how national economies will perform after this impasse related to the...Read more
The collaboration and cooperation of the public sector and the private sector will strengthen the position of the State of Qatar as a hub for business, trade and investment in the Middle East.