Intergovernmental organisation Permanent Court of Arbitration is setting up its first Asian office in Singapore to administer PCA hearings in the city-state and the region.
Set to open within the next six months, the SG branch will be PCA’s first office in Asia and the second outside its headquarters in The Hague, Netherlands.
PCA’s Singapore office will be housed alongside other international dispute resolution institutions like Singapore International Arbitration Centre (SIAC) and the International Court of Arbitration of the International Chamber of Commerce (ICC Court).
“The setting up of the PCA office will further augment Singapore’s position as an international hub for dispute resolution, particularly in the new area of investment dispute resolution,” said Indranee Rajah SC, Senior Minister of State, Ministry of Law and Ministry of Finance, in a statement.