The average value of disputes in the Middle East construction industry more than doubled in 2011 according to this year’s ‘Global Construction Disputes´ report from EC Harris, the global Built Asset Consultancy.
Whilst the average value of disputes fell around the world, the Middle East bucked the trend, with disputes having an average value of US$112.5 million, compared to US$56.25 million in 2010.
EC Harris found that construction disputes in the Middle East lasted, on average, 9 months in 2011, compared to 8.25 months in 2010. This was one of the lowest in the report, with only the UK seeing a quicker resolution of disputes at 8.7 months. Disputes in the US took the longest to resolve at 14.4months, with the global average being 10.6months.
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