Article
Source: Construction Briefing
Article
10.07.24
As Saudi Arabia nears the halfway point to the completion year of its Vision 2030 program to deliver over a trillion dollars of construction projects, the Kingdom’s legal landscape is also evolving in order to give confidence of foreign investors and construction companies.
In a recent article in Construction Briefing, Deborah Ruff, the leader of Pillsbury’s International Arbitration practice, and Julia Belcher, an international arbitration special counsel in Pillsbury’s London office, explore how the Kingdom has worked to significantly update its legal and dispute resolution “infrastructure.”
To read more about the Kingdom’s new legal landscape, including the Government Tenders and Procurement Law, which came into force in 2019 and applies to commercial agreements between private entities and government bodies, and the Civil Transactions Law which entered into force in December 2023, please see here.