The global construction industry is rapidly using FIDIC contracts around the world. The FIDIC contract is an agreement in the field of construction and installation and is used as an international standard. The main objective of
FIDIC is to develop standard contracts that can be used for a wide range of construction and installation projects, because in essence, all projects built anywhere in the world are based on the same basic principles.
These standard agreements are the culmination of decades of experience in construction and installation projects and are documents that balance the interests of all stakeholders.