1、IManaging construction risks in Asia-PacificThere are many ways to resolve aconstruction dispute when itarisesbut what are the best methods for mitigating risks,avoiding or resolving such disputes for projects based in Australia,India,Indonesia,Malaysia,the Philippines,Singapore and Vietnam?IIWhite&
2、CaseContentsIntroductionPage 1AustraliaPage 2IndiaPage 6IndonesiaPage 11MalaysiaPage 15The PhilippinesPage 19SingaporePage 24VietnamPage 29Attorney AdvertisingThe construction sector in Asia-Pacific is set for considerable growth,although that comes with challenges.In any large-scale construction pr
3、oject,myriad risks exist to cause disruptions and delays,but there are best practices for mitigating these risks and resolving disputes.The International construction industry,sensitive though it is to global economic cycles,has proven itself remarkably resilient in the face of the pandemic.In much
4、of the developing world,including countries in the Asia-Pacific region,it also holds the key to economic recovery due to its potential for job creation.Coupled with a drive toward sustainability and digital transformation,the sector is set for considerable growth in the next few years.Some market ob
5、servers suggest that the construction industry in Asia-Pacific might reach US$312.67billion by2024.Governments across Asia-Pacific are looking to infrastructure to help stimulate growth as the region begins to return to some form of normalcy post-COVID-19.Encouraged by this government focus,investor
6、s are turning to view Asia-Pacific as a land of opportunity.But with rapid growth comes challenges.Construction projects around the world rely heavily on long supply chains:equipment,material and labor.A disruption to any link in that chain can result in delay and increasedcosts,and the way parties