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
- EP ID EP449120
- DOI -
- Views 59
- Downloads 0
The Role Of The Budgetary System In Achieving Enterprise Performance
The long-term existence of an enterprise can only be assured by achieving of the performance.In the current economic climate, the companies pay more attention to effective management of resources and use for this purpose...
FACTORS RESPONSIBLE FOR SLOW ADOPTION OF PUBLIC PRIVATE PARTNERSHIP (PPPS) IN NIGERIA
The growth and development of any nation is greatly dependent on the availability of basic social infrastructure like good road, efficient power supply, buildings, ports, rails etcetera. Over fifty years after independen...
Competitive marketing strategies: tools for enhancing value in the dynamic world of business
Developing solid competitive marketing strategies in order to contribute towards long-term sustainable success, has become imperative today for every success driven organization. The paper examines a number of Competitiv...
Aeolian energy – the energy of the future?
The beginning of the IIIrd millennium faces a more and more concrete threatening: exhaustion of Earth resources and the entrance in a state of collapse as long as the states of the world will not find,as soon as possible...
Economic Growth Also Depends on the Quality of Workforce
In the general framework concerning the theory and practice of economic growth, which has practically been a concern for all countries since the post war period, the role and importance of labour resources occupy an incr...