Contractors' strategies in joint venture during economic growth and economic downturn

Abdul Aziz, Nur 'Izzati and Hasan, Sharina Farihah (2015) Contractors' strategies in joint venture during economic growth and economic downturn. In: 14th Management in Construction Researchers’ Association (MiCRA) 2015, 12th-13th Nov. 2015, Kuala Lumpur. (Unpublished)

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Abstract

The Malaysian economy nowadays registers positive growth ever since the global recession occurred in 2008-2009 and since then, more construction projects were proposed by the government in order to facilitate the needs of the nation. Along with the rapid growth in construction technology, joint venture can be seen as an option for contractors to share their resources and risks with other contractors. This paper aims to report on a study on the contractors’ strategies in joint venture for construction works during economic growth and economic downturn. Through desk study, it was found that the strategies include cost control, partner selection, marketing, etc. Consequently, questionnaire survey was conducted to validate the initial findings. The paper concludes that not all of the strategies highlighted in literatures are significant to be considered during the time when the economy is registering positive and negative economic growth.

Item Type:	Conference or Workshop Item (Invited Papers)
Additional Information:	3457/49512
Uncontrolled Keywords:	Joint venture, contractors’ strategies, economic growth, economic downturn
Subjects:	T Technology > T Technology (General) T Technology > TH Building construction
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Architecture and Environmental Design > Department of Quantity Surveying
Depositing User:	Dr. Sharina Farihah Hasan
Date Deposited:	16 May 2016 11:04
Last Modified:	16 May 2016 11:04
URI:	http://irep.iium.edu.my/id/eprint/49512

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