Assessing the practice of project-based JV between local and international contractors in the UAE

Skaik, Samer and Oweineh, Hussain 2014, Assessing the practice of project-based JV between local and international contractors in the UAE, in ARCOM 2014 : Proceedings of the 30th Association of Researchers in Construction Management Conference, ARCOM, [Portsmouth, Eng.], pp. 443-452.

Attached Files
Name Description MIMEType Size Downloads

Title Assessing the practice of project-based JV between local and international contractors in the UAE
Author(s) Skaik, SamerORCID iD for Skaik, Samer orcid.org/0000-0003-1047-3058
Oweineh, Hussain
Conference name Association of Researchers in Construction Management. Conference (30th : 2014 : Portsmouth, England)
Conference location Portsmouth, England
Conference dates 1-3 Sept. 2014
Title of proceedings ARCOM 2014 : Proceedings of the 30th Association of Researchers in Construction Management Conference
Editor(s) [Unknown]
Publication date 2014
Conference series Association of Researchers in Construction Management Conference
Start page 443
End page 452
Total pages 10
Publisher ARCOM
Place of publication [Portsmouth, Eng.]
Keyword(s) joint venture
partnering
procurement
success factors
Summary This paper is about assessing the practice of Project-Based Joint Ventures formed between local and international contractors in the UAE construction industry. This common practice nowadays, provides the means for contractors to quickly add resources to enhance project acquisition. Studies indicate that JVs are among the tools that contractors will need to get together in the face of increasing market demands. Specifically, Project-Based JVs are often used in the UAE Construction industry with an exceptional growth in an attempt to diversify from Oil and Gas. The UAE is very business friendly which makes it attractive for such kind of alliance or partnership for local contractors to get the necessary experience and for international contractors to minimize the risks associated with entering new markets. In this context, studies that evaluate this alliance phenomenon in the UAE construction industry are limited. The few industry-related studies have primarily focused on large, international JVs; yet, many JVs are formed on small and medium-sized projects within the UAE. The paper aims to assess the current practices and understand the many factors involved with forming, managing, and controlling JV partnerships. The research methodology adopted a mix of quantitative and qualitative approaches. First, a closed question survey was disseminated to construction professionals in the UAE in light of the literature findings. Second, two case studies were demonstrated and analysed, then triangulated with the literature and survey findings to remove possible bias and improve the confidence in the collected data. The paper concluded that the JV in the UAE construction industry is mostly formed on project-basis rather than continuous collaboration. The management control mostly used in the UAE construction industry is shared management of activities in a venture with the operations shared between parents. The paper addressed major factors that lead to successful JV in the construction projects of the UAE which are namely trust, correct structure, communication, and partner’s commitment. Partners’ common objectives do not affect the JV success or failure. Willingness to adapt eliminates conflicts and enhances the JV success prospect.
Language eng
Field of Research 129999 Built Environment and Design not elsewhere classified
Socio Economic Objective 970112 Expanding Knowledge in Built Environment and Design
HERDC Research category E1.1 Full written paper - refereed
Persistent URL http://hdl.handle.net/10536/DRO/DU:30065685

Connect to link resolver
 
Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved.

Versions
Version Filter Type
Citation counts: TR Web of Science Citation Count  Cited 0 times in TR Web of Science
Scopus Citation Count Cited 0 times in Scopus
Google Scholar Search Google Scholar
Access Statistics: 111 Abstract Views, 0 File Downloads  -  Detailed Statistics
Created: Tue, 16 Sep 2014, 14:06:12 EST

Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact drosupport@deakin.edu.au.