Miami IBA on Real Estate: The Challenges of Investing in Infrastructure Projects in Developing Countries
Credit: Bannafarsai_Stock/Shutterstock.comAs many governments hire foreign contractors for projects, that can create issues such as cultural differences, lack of financing from lenders and a difference in laws, which can lead to disputes and project delays.
October 31, 2022 at 03:48 PM
4 minute read
Global government agencies are increasingly investing in infrastructure in developing countries to drive economic recovery and take on rising climate change issues.
That’s according to panelists at the International Bar Association 2022 at the Miami Convention Center, who discussed the challenges of massive spending on infrastructure around the world.
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