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Challenges to infrastructure delivery during the economic downturn : a qualitative analysis

conference contribution
posted on 2010-01-01, 00:00 authored by J Zuo, Xiaohua Jin, M McDonald
Infrastructure plays a key role in creating and maintaining sustainable economic growth and a prosperous community. Infrastructure projects generally require a large amount of capital investment, which motivates involvement from the private sector in the delivery process. The Global Financial Crisis placed enormous pressure on both the public and private sectors, as the ability to borrow money for an extended tenor was greatly reduced. This study adopts a qualitative approach to analyse the challenges facing the delivery of infrastructure projects in an Australian context by considering the impacts of the Global Financial Crisis. It is found that the availability of resources and finance are perceived as the biggest challenges, with resources being more of a concern than finance to interviewees. In addition to these findings, ways in which the private sector can be better involved in the infrastructure delivery is discussed.

History

Event

Australasian Universities Building Education Association. Conference (35th : 2010 : Melbourne, Vic)

Publisher

AUBEA

Location

Melbourne, Vic.

Place of publication

Melbourne, Vic.

Start date

2010-07-14

End date

2010-07-16

Language

eng

Publication classification

E1 Full written paper - refereed

Copyright notice

2010, AUBEA

Title of proceedings

AUBEA 2010 : Construction Management(s) : Proceedings of the 35th Australasian Universities Building Education Association annual conference

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