Using Alternative Dispute Resolution for Effective Management of Disputes in Joint Venture Construction Projects in Malaysia

Chapter 9

Using Alternative Dispute Resolution for Effective

Management of Disputes in Joint Venture Construction

Projects in Malaysia

Ainul Jaria Maidin, International Islamic University Malaysia

"Persuade your neighbors to compromise, whenever you can. Point out to them how the nominal

winner is often a real loser - in fees, expenses, and waste of time."

Abraham Lincoln, American Presiden [1]

Introduction

The construction industry is regarded as important not only because of its constantly evolving size

but also because of its contribution to the national economy in terms of gross domestic product and

large capital investment [2]. Joint venture projects are a common feature of the construction industry