Security of Payment in Hong Kong - pilot programme for public works contracts
By EsqSocial Corporation 21/04/21
As the old saying holds, cash-flow is the life blood of the construction industry. In 2021, Hong Kong looks set to join Singapore, Australia and other jurisdictions in implementing a Security of Payment regime to regulate payment practices and provide a system to protect cash flow in the construction industry....
By: Bryan Cave Leighton Paisner