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- W650956092 abstract "The construction industry has been one of China’s economic backbones. Desperate cities in Construction like Beijing and Shanghai have risen on the architectural stage with buildings such as the CCTV headquarters and the Olympic Village. China’s expenditure in a year is about $375 billion on construction, almost 16% of its Growth Domestic Product (GDP). This study shows some of the weaknesses and threats of china’s construction in Africa and how they can be improved for a more integrated and sustainable construction. After a SWOT analysis some of the identified weaknesses included poor communication, low working conditions, low wages of workers, low quality of imported materials, do not encourage the purchase of locally produced materials, low level of team work with locals. Some of the threats outstanding threats were local protectionism, political changes, climatic changes, fluctuation of fuel prices, shortage of gas and petrol, and disputes with community. The SWOT allows for development of strategies in order to exploit its competitive advantages or defend against its internal weaknesses or provide possible remedial measures. Buying of locally produced materials and avoiding gross importation of materials was a measure given in the study to control local protectionism. Measures to control threats of political changes included enforcing that projects are independent of political influences and completion of projects are within the period of a specific government regime. These findings may also be useful to other firms in Asia and those from different continents. Some specific aspects of risk management are elucidated and distinctively outlined. Although there have been abundant research on risk assessment in general, there are very few attempts of risk assessment of construction in Africa and almost none on Ghana. Therefore, the research findings of this study can enrich and improve the contents of other related topics or subjects." @default.
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- W650956092 date "2015-01-01" @default.
- W650956092 modified "2023-09-24" @default.
- W650956092 title "Threats Encountered by Chinese Construction Firms in Africa: Case Study on Ghana" @default.
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