RICS, SCCA collaborate to make resolving disputes “cost effective”
The MoU will help businesses access best processes, services & practitioners for the optimal, professional mediation, & arbitration
The Royal Institution of Chartered Surveyors (RICS) and the Saudi Center for Commercial Arbitration (SCCA) have come together to promote the use of Alternative Dispute Resolution and mediation in the built environment to help construction and real estate sectors in the Kingdom.
In doing so, RICS and SCCA signed a memorandum of understanding (MoU), which will enable them to build and maintain a long-term cooperative relationship to promote the exchange of professional knowledge and development regarding dispute resolution and conflict avoidance related to the built environment.
As part of the partnership, both organisations will collaborate to promote local and international standards with regards to land, real estate, construction, and infrastructure related disputes.
Speaking about the collaboration, Dr. Hamed Merah, CEO of SCCA, said: “All the local and international stakeholders participating in the Kingdom’s significant development in the build environment — including major infrastructure, commercial and housing projects — demand appropriate mechanisms to manage and rapidly resolve any conflicts that may arise.”
Merah added that the partnership will help all businesses operating in the Kingdom and beyond have “access to the best processes, services and practitioners for the optimal, professional mediation, and arbitration”.
Meanwhile, Robert Jackson, RICS’ managing director for EMEA, said: “Construction and real estate are crucial sectors for Saudi Arabia, and the work SCCA does is now more important than ever in the COVID-19 and post COVID-19 recovery.
“It is in the interests of all stakeholders and the wider KSA economy to be able to resolve disputes in a cost effective and timely manner that allows projects to be delivered on time and programme,” Jackson added.
The collaboration will further see SCCA add RICS’ Panel of Mediators to its Mediator Roster for the new COVID-19 Emergency Mediation Program (EMP) cases.