Belt and Road Summit discusses risk management, cost reduction

Hakim Hayat

Brunei’s Queen’s Counsel Professor Dr Colin Ong, QC delivered a speech on ‘Appropriate Dispute Resolution for the Belt and Road Initiative Projects’ during the 4th Belt and Road Summit in Hong Kong on September 11-12.

He was among the speakers during the event at the Hong Kong Exhibition and Convention Centre.

Dr Ong, who is also an English Queen’s Counsel, a Singapore lawyer and a Civil Law professor, shared his experiences as lead counsel and international arbitrator across the Belt and Road countries. He also shared some of his ideas on ways to manage risk, reduce costs in Belt and Road projects and on effective ways to deal with disputes.

Hong Kong Chief Executive, Mainland China and Hong Kong Special Administrative Region ministers and ministers from dozens of countries along the Belt and Road Initiative also attended the summit.

The Hong Kong Secretary of Justice Teresa Cheng, GBS, SC, JP, delivered the welcoming address on behalf of the Hong Kong Government for the legal panel session.

Another speaker at the summit was Secretary General of the Hague Conference on Private International Law Dr Christophe Bernasconi.

A panel session which included Chairman of the Hong Kong Communications Authority Winnie Tam, SC, JP, moderated by Dr Anthony Neoh, QC, SC, JP was also held.

The Belt and Road Initiative (BRI) is made up of several economic corridors leading from China through Southeast Asia, the Middle East and to Europe.

Brunei’s Queen’s Counsel Professor Dr Colin Ong, QC speaks at the 4th Belt and Road Summit in Hong Kong