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Infrastructure holds the key to the sustainable development and growth of a nation. The infrastructure in a country is often viewed as an indicator to its level of development and a state of the art infrastructure significantly accelerates itsoverall growth.

South Asian region has witnessed tremendous growth in the infrastructure sector in the past few decades. An inevitable consequence of this phenomenal growth is the increase in the number of disputes associated with such infrastructure projects.

Having a dispute resolution mechanism which ensures expeditious resolution of disputes, arising out of any such project, is vital, not only for the particular project, but also for the sustained growth of infrastructural projects in the region.

Arbitration, as a method of dispute resolution, is preferred over litigation for a host of advantages that the former offers to the parties at dispute.
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Clarifications- 3rd IICLAM 2009
   
 
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