Stakeholders urged to consult arbitrators in PPP project disputes
Arbitrators need to step in and deal with disputes in public-private-partnership (PPP) projects so economic development will not be disrupted, experts have warned.
Professor Pham Duy Nghia at Fullbright Vietnam University said attracting private investment was good for infrastructure development. According to Nghia, in order to limit the risks, there are two solutions: one is to forecast potential risks when stakeholders prepare mutual contracts; two is to select arbitrators to resolve disputes.
