Arbitration & Business Sustainability
LCCI recorgnise that speedy resolution of dispute relating in the private sector is important for business sustainability. Thus, the Chamber established an arbitration centre in 2010 where operators in the private sector can seek alternative free dispute resolution arising from business contract/agreements. The LCCI Arbitration centre compliments government arbitration centres and the open court as they are not able to fully and timely resolve many disputes arising from business/contracts. Since inception, LCCI Arbitration Centre have successfully resolved many disputes by ensuring that the parties involved are satisfied while they move to further smooth economic activities.