Critical Success for Kelantinies Constraction Operate Outside Kelantan State in Malaysia

Journal Title: Manager Journal - Year 2011, Vol 13, Issue

Abstract

The Malaysia construction industry has been experiencing boom and bust conditions in the past few decades. For example, the construction industry suffered three business cycle downturns in 1976-1978, 1984-1988 and 1997-1999. Furthermore in 1998 the industry contracted sharply by 23 percent and finally moderated to a further contraction of 5.6% percent in 1999. However, the industry has shown a small growth of 1 percent in 2000. With the higher public and private investment especially in infrastructure projects, education, health, and social infrastructure, the construction industry is expected to have grown bye 5 percent in year 2001 and forecasted to grow by 4.3 percent in 2002. With the expected growth in the industry, this will enhance the number of contracting firm in the industry. The contracting firm, which is also known as the ‘builder’, is defined as a supplier of services whose scope of work and engagement is determined by the requirements of the client (user of services) formalized in the form of a contract document. The client engages a contractor through a tendering process, to construct and to complete the project in accordance with certain design, specification and period of completion at an agreed price. Despite the Malaysian Economics growth, Kelantan still lags behind because of political reason. Governed by an avowedly Islamic party, party selslam Malaysia (PAS), the past has been unable to attract vital foreign direct investment. This has led to poor project development in the state compared to other states in Malaysia. In order to succeed, Kelantanies contractor are driven to get jobs outside Kalantan. The most popular state is Selangor to the intense development demand.

Authors and Affiliations

Abdelnaser Omran, Abdel Hamid Kadir Pakir, Ahmed Termizi, Hazlina Abdul Hamid

Keywords

Related Articles

Strategic Considerations For Foreign Direct Investments Penetrating A Foreign Market

The globalization of the world economy has created great opportunities for countries, one of them being that of attracting foreign investments. They play a key role in global business, being a fundamental part of the eco...

Case study: proposal on restructuring of sport support in the city of Litoměřice in the favour of grant-oriented support

The case study proposes a new approach to restructuring of sport financing for a municipality with 24 thousand inhabitants. The methodical approach is based on the analysis of financial flows of institutional and non-ins...

Tangible and Intangible Within The Organization’s Potential

The organization (firm, enterprise, school, joint company etc) means the basic unit of the\r\n human activity. In concentrates, organizes and materializes in products, cognitions and affects all people’s efforts, finall...

Macroprudential policies on banking system

The macro-prudential tool kit deals with those risks that contributed to the outbreak of the last economic crisis or materialized during it, namely the excessive credit growth, the excessive price assets growth driven by...

Relationship marketing in the retail sector: an insight in the determination of customer loyalty

In recent years we see a loss of power of individual brands, despite the money and the effort invested in them. The power is now in the hands of retailers. The final challenge of an individual band is the battle it has t...

Download PDF file
  • EP ID EP449120
  • DOI -
  • Views 84
  • Downloads 0

How To Cite

Abdelnaser Omran, Abdel Hamid Kadir Pakir, Ahmed Termizi, Hazlina Abdul Hamid (2011). Critical Success for Kelantinies Constraction Operate Outside Kelantan State in Malaysia. Manager Journal, 13(), 159-169. https://europub.co.uk/articles/-A-449120