Problems of overseas ventures for Singapore construction SMEs

Owing to its small domestic market and lukewarm construction demand, Singapore contractors are increasingly forced to seek their opportunity for growth and revenue in overseas markets. These push factors are further complemented with the strong pull factors in the regions where most of the developin...

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Main Author: Wong, Yun Tau
Other Authors: Chew Ah Seng, David
Format: Theses and Dissertations
Language:English
Published: 2008
Subjects:
Online Access:https://hdl.handle.net/10356/12070
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Institution: Nanyang Technological University
Language: English
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spelling sg-ntu-dr.10356-120702023-03-03T19:09:42Z Problems of overseas ventures for Singapore construction SMEs Wong, Yun Tau Chew Ah Seng, David School of Civil and Environmental Engineering DRNTU::Engineering::Civil engineering::Construction management Owing to its small domestic market and lukewarm construction demand, Singapore contractors are increasingly forced to seek their opportunity for growth and revenue in overseas markets. These push factors are further complemented with the strong pull factors in the regions where most of the developing countries are achieving strong growth and offering attractive investment schemes for foreign investments. However, not many Singapore contractors, especially the construction SMEs, were successful in overseas construction. Very little attention was focused on their problems in construction export and the reasons for their failures. As a result, this research was initiated to fill the literature gap. The main objective of this research is to identify the problems of Singapore contractors in overseas ventures and with hindsight formulate the essential framework to assist Singapore contractors to succeed overseas. In order to gain the in-depth understanding of Singapore contractors’ performance overseas, both the case-study approach and survey questionnaire were adopted. The major problems and critical success factors were successfully determined from qualitative analysis. The result of qualitative analysis determined three major problems in the entry stage and one major problem in the operational stage. Out of these four problems, the most critical problem which impeded the respondents’ firms from successfully exporting construction is their smallness in size and limited resources.A final model incorporating the critical success factors across the three different stages in overseas construction ventures and the strategy for growth was formulated after triangulating the research findings with the experiences of SMEs from other industries. Last but not least, this study proposed six solutions to improve construction export condition in which the government is deemed to play a vital role in the success of their implementation. MASTER OF ENGINEERING (CEE) 2008-09-25T06:36:11Z 2008-09-25T06:36:11Z 2006 2006 Thesis Wong, Y. T. (2006). Problems of overseas ventures for Singapore construction SMEs. Master’s thesis, Nanyang Technological University, Singapore. https://hdl.handle.net/10356/12070 10.32657/10356/12070 en Nanyang Technological University 110 p. application/pdf
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic DRNTU::Engineering::Civil engineering::Construction management
spellingShingle DRNTU::Engineering::Civil engineering::Construction management
Wong, Yun Tau
Problems of overseas ventures for Singapore construction SMEs
description Owing to its small domestic market and lukewarm construction demand, Singapore contractors are increasingly forced to seek their opportunity for growth and revenue in overseas markets. These push factors are further complemented with the strong pull factors in the regions where most of the developing countries are achieving strong growth and offering attractive investment schemes for foreign investments. However, not many Singapore contractors, especially the construction SMEs, were successful in overseas construction. Very little attention was focused on their problems in construction export and the reasons for their failures. As a result, this research was initiated to fill the literature gap. The main objective of this research is to identify the problems of Singapore contractors in overseas ventures and with hindsight formulate the essential framework to assist Singapore contractors to succeed overseas. In order to gain the in-depth understanding of Singapore contractors’ performance overseas, both the case-study approach and survey questionnaire were adopted. The major problems and critical success factors were successfully determined from qualitative analysis. The result of qualitative analysis determined three major problems in the entry stage and one major problem in the operational stage. Out of these four problems, the most critical problem which impeded the respondents’ firms from successfully exporting construction is their smallness in size and limited resources.A final model incorporating the critical success factors across the three different stages in overseas construction ventures and the strategy for growth was formulated after triangulating the research findings with the experiences of SMEs from other industries. Last but not least, this study proposed six solutions to improve construction export condition in which the government is deemed to play a vital role in the success of their implementation.
author2 Chew Ah Seng, David
author_facet Chew Ah Seng, David
Wong, Yun Tau
format Theses and Dissertations
author Wong, Yun Tau
author_sort Wong, Yun Tau
title Problems of overseas ventures for Singapore construction SMEs
title_short Problems of overseas ventures for Singapore construction SMEs
title_full Problems of overseas ventures for Singapore construction SMEs
title_fullStr Problems of overseas ventures for Singapore construction SMEs
title_full_unstemmed Problems of overseas ventures for Singapore construction SMEs
title_sort problems of overseas ventures for singapore construction smes
publishDate 2008
url https://hdl.handle.net/10356/12070
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