Competitiveness of the Hong Kong construction industry. by C. Tse

Cover of: Competitiveness of the Hong Kong construction industry. | C. Tse

Published by Oxford Brookes University in Oxford .

Written in English

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Edition Notes

Thesis (M.Sc.) - Oxford Brookes University, Oxford, 1996.

Book details

ContributionsOxford Brookes University. Business School.
ID Numbers
Open LibraryOL18805507M

Download Competitiveness of the Hong Kong construction industry.

Effective strategy enables construction firms to match Competitiveness of the Hong Kong construction industry. book activities to the changing environment and achieve superior performance in competition.

Therefore, there is a need for studying contractors’ competitive strategies. This paper does that in relation to the Hong Kong construction by: competitiveness in the Hong Kong construction market.

The identified KCIs will be useful to help contractors to understand their strengths and weaknesses, thus improve the effectiveness of formulating competitive strategies in competitions.

As the practice of the Hong Kong construction industry is well developed. More recently, Tan et al. () explored the competitive environment, strategy and performance of construction organizations in the Hong Kong construction industry.

The study adopted Porter's. (, Febru ) Hong Kong’s construction industry suffered a downturn in and in real terms, in part due to reduced investments in transport infrastructure projects. Construction in Hong Kong - Key Trends and Opportunities to Summary Hong Kong’s construction industry was already in a dire state prior to the COVID outbreak, with output contracting by % inand the situation has worsened amid the pandemic, with renewed tensions following political interference from China.

Hence, this study aims to explore the CSV concept in the Hong Kong construction industry, and establish a link between the CSV concept and firm competitiveness using strategic management theory. construction industry comply with Hong Kong competition law. The Construction Industry Council encourages the upholding of professionalism and integrity within the industry through self-discipline.

These “Dos and Don'ts” set out the relevant principles that all industry participants are expected to. Review of the Hong Kong Construction Industry 5.

The Hong Kong construction industry produced a total gross value of work of nearly HK$90 billion in in nominal terms, accounting for around percent of total local GDP.

The gross value of investment in construction activities was 28 percent of total fixed capital formation in   Based on a comprehensive questionnaire survey in the Hong Kong construction industry, the relationship between main contractors and subcontractors was studied.

Main contractors in the local industry can be classified into four clusters according to the nature of their relationship with subcontractors, namely, adversarial, coopetitive. Study of Hong Kong’s Industry Level Competitiveness The Garments Sector.

2 Introduction For the greater part of the past half century, the textiles and garment industries have provided the engine room of the Hong Kong economy. At their peak, they accounted for almostjobs, spread across approximat factories. Hong Kong must be more aggressive in adopting the latest technology for its construction sector for the city to retain its competitive edge, according to.

Selected Statistics for All Establishments in the Industry Section of Construction. Number of establishments. 26 24 Number of persons directly engaged. Compensation of employees & payments to labour-only sub-contractors (HK$ million).

Hong Kong’s construction industry is expected to contract 3% inmaking it the fourth consecutive year of decline, according to GlobalData. The industry is forecast to start a recovery phase indue to the government’s efforts to stimulate economic growth, and public and private sector investments in commercial, residential and.

Members of Hong Kong’s construction industry, a sector known to be traditionally averse to the adoption of new technology, are calling for young blood to. The Hong Kong Construction Association (HKCA) also revealed that 68 percent of the construction industry workforce is over 40 years old; 43 percent over.

Hong Kong is the 3 most competitive nation in the world out of countries ranked in the edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Hong Kong averaged from untilreaching an all time high of 12 in and a record low of 3 in This page provides the latest reported value for - Hong Kong.

Hong Kong’s suffering competitiveness will help break the deadlock on debates regarding imported labour. Attracting young talent and promoting greater use of technology are among the timely necessities of the construction industry. CHAIRMAN'S BLOG CHAN Ka-kui, Chairman" This year, the Construction Industry Council and the Hong Kong Science and Technology Parks Corporation co-hosted the first "SciTech Challenge " Competition with the theme of "Sensory Technology for Construction”.

Introduction. Existing research shows that construction activity has a significant impact on the environment (e.g. McDonald and Smithers,Poon,Shen and Zhang, ).Contractors play an important role in promoting sustainable development within the context of the construction industry by assuming the responsibility to minimize their negative impact on environment and society.


of Real Estate and Construction. GDP From Construction in Hong Kong decreased to HKD Million in the first quarter of from HKD Million in the fourth quarter of GDP From Construction in Hong Kong averaged HKD Million from untilreaching an all time high of HKD Million in the fourth quarter of and a record low of HKD Million in the third quarter of   LONDON, March 2, /PRNewswire/ -- Synopsis.

In real terms, Hong Kong's construction industry registered positive growth during the review period (–). Construction activity was weak. LCQ Competitiveness of Hong Kong ***** Following is a written reply by the Secretary for Commerce and Economic Development, Mr Gregory So, to a question by the Hon Tony Tse in the Legislative Council today (June 4): Question: It has been reported that as revealed by the Blue Book of Urban Competitiveness: Report on China's Urban Competitiveness (Report) published by.

return of Hong Kong and Macao to the motherland, cooperation among Guangdong, Hong Kong and Macao has continuously deepened and become more concrete. The Greater Bay Area, with a marked increase in its economic strength and regional competitiveness, already possesses the.

The study was based on Porter’s competitive-force framework to analyse competitive environments in the construction industry, together with the modified version of Porter’s generic strategies of cost leadership and differentiation. The performance measure was based on the profit margin on turnover.

Geng Xiao argues that Hong Kong must work closely with its neighbors in China to attract foreign investment and reduce factor and trading costs if the city is to maintain its competitive edge in.

The Hong Kong Construction Alliance, a trade association, estimated earlier that the government needed to roll out at least HK$70 billion worth of new public projects every year to keep the. The Hong Kong Stock Exchange is the sixth largest in the world, with a market capitalisation of about US$ trillion as of mid Inthe value of initial public offerings (IPO) conducted in Hong Kong was second highest in the world after London.

InHong Kong raised 22 percent of IPO capital, becoming the largest centre of IPOs in the world. Innovation is of great importance to the sustainable development of the Hong Kong construction industry, Hence, the Construction Industry Council (CIC) has set up the Research and Technology Development Fund to provide financial support for research projects which can improve the performance and competitiveness of the industry.

The GFCI is a ranking of the competitiveness of financial centres based on a number of existing indices in combination with a regular survey of senior industry figures from around the world. Hong Kong ranked third behind New York and London. IT industry competitiveness index: Economist Intelligence Unit: 21/64 countries.

CONSTRUCTION LAw AND PRACTICe IN HONG KONG Teresa Cheng SC, Dr evia wong, Gary Soo Professionals in the industry will find Construction Law and Practice in Hong Kong a useful guide. It provides a valuable overview of the construction industry and a detailed account of the law. The book includes clear and concise chapters on the.

The construction industry sector plays an important role in the economic growth of every country and it occupies the position of the nation development plans.

When risk occur in the construction industries it normally have effect on political, social, environmental and economical factors and it can be seen that all the above mention affect the. The Hong Kong construction and projects market has seen a mild slowdown in Findings from the Census and Statistics Department indicate that total gross value of construction works performed by main contractors in the third quarter of decreased by % in nominal terms compared with the same period of to HKD billion.

A construction delay refers to as an event where something happens or is performed later than the [8], construction delay is an event where critical failures by the ause the overall project to.

Hong Kong has beaten Singapore and Switzerland to be named the world's second most competitive economy behind the United States in an annual report by. competitiveness in today’s highly competitive markets. Liu () stated that it is indicative that ISO has () noticed there are weaknesses in the implementation of quality management for construction industry in Hong Kong in respect of the communication of improvement information, and teamwork structures for quality improvement.

This study examines the market structure of four different sectors within the construction industry in Hong Kong. Market concentrations, expressed in terms of Herfindahl-Hershamann indices (HHIs) and number equivalents (HNEs), are calibrated for the top five contractors and compared with those of the local property industry.

product and a partnership that makes the construction process work to the benefit of both parties. In the context of site safety and health, the Real Estate Developers Association of Hong Kong (REDA) and the Hong Kong Construction Association Ltd. (HKCA) have agreed to create a partnership under which both trade bodies will.

The future of international construction: secular patterns of growth and decline. Habitat International, 16(3), –28 Census and Statistics Department of HKSAR (–) Hong Kong Chen, J.J.

The characteristics and current status of China’s construction industry, Construction Management and Economics, 16, Hong Kong scored points out of on the Global Competitiveness Report published by the World Economic Forum.

Competitiveness Index in Hong Kong averaged Points from untilreaching an all time high of Points in and a record low of Points in This page provides the latest reported value for - Hong Kong Competitiveness Index - plus previous.

Get this from a library! Hong Kong competitiveness: brand marketing in the garment industry. [Christine Luk; University of Hong Kong.]. Pakistani construction industry despite subcontracting a large percentage of construction projects lacks standard conditions of subcontract and they are primarily based on the will of.

Hong Kong's once world-beating port needs to raise its game or risk falling further behind competitors in Shanghai, Singapore and elsewhere, industry experts said.

The .

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