Of the 193 countries in the world, and of close to 700 cities in People’s Republic of China, AALCO chose to set up the latest regional arbitration centre in the Hong Kong Special Administrative Region in the heart of the Greater Bay Area development and an important gateway of the Belt and Road Initiative.
This establishment is AALCO members’ strong vote of confidence. It is the support of the Central People’s Government for Hong Kong, a peer recognition of the strong Rule of Law here, and valuing the people talent and many unique advantages of this beautiful city, international financial centre and legal services and disputes resolution centre here under “One Country, Two Systems”. It is also opportunities to tap into and grow with the world’s second largest economy with a market of 1.4 billion+ people, 400 million+ middle income population, 11 million+ additional new workforce each year, and many major developments under China’s National 14th Five Year Plan.
With the recent establishment of the AALCO Hong Kong Regional Arbitration Centre, AALCO now has six international regional arbitration centres. AALCO is here to welcome and serve your needs, with the regional arbitration centre in Hong Kong having a particularly strong focus to use and promote the use of LawTech to help resolve disputes, and here to offer state-of-the-art Online Disputes Resolution platform. The other five centres are located in Cairo (Arab Republic of Egypt), Kuala Lumpur (Malaysia), Lagos (Nigeria), Tehran (Islamic Republic of Iran) and Nairobi (Kenya). Each centre is established by international law, and the respective hosts Governments recognize their independent status like an international organization and have accorded privileges and immunities to these centres.