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Survey gives insight into Covid-19 impact on Hong Kong joint ventures


Survey gives insight into Covid-19 impact on Hong Kong joint ventures
Out-Law News | 21 Dec 2020 | 10:08 am |
4 min. read
A shortage of labour and disruption to supply chains have been the biggest contributors to delays and increased costs suffered by joint ventures (JVs) in Hong Kong s construction sector during the coronavirus crisis, according to the results from a targeted survey.
International law firm Pinsent Masons, the law firm behind Out-Law, asked senior managers and general counsel at some of the largest construction contractors in Hong Kong a series of questions to find out how well JV arrangements they had entered into have stood up to the challenges posed by the Covid-19, and also to identify whether there are lessons that might be learned from the pandemic to help future-proof JVs against similar risks in the future. ....

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