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Chan, A P C, Ho, D K C and Tam, C M (2001) Design and build: views from some major public clients in Hong Kong. Construction Economics and Building, 1(01), 22-31.
de Valence, G (2001) Defining an industry: what is the size and scope of the Australian building and construction industry. Construction Economics and Building, 1(01), 53-65.
Lawther, P and Edwards, P (2001) Design cost modelling - the way forwad. Construction Economics and Building, 1(01), 32-42.
Smallwood, J and Venter, D (2001) The role of media in South African health and safety. Construction Economics and Building, 1(01), 43-52.
Smith, P (2001) Information technology and the QS practice. Construction Economics and Building, 1(01), 1-21.
Tse, R Y C and Raftery, J (2001) Infrastructure policy and economic growth: case study of Hong Kong. Construction Economics and Building, 1(01), 66-79.
Wasi, D and Skitmore, M (2001) Factors affecting the performance of small indigenous contractors in Papua New Guinea. Construction Economics and Building, 1(01), 80-90.
Weddikkara, C and Devapriya, K (2001) Demand and supply trends and construction industry: a case study in the Sri Lankan construction industry. Construction Economics and Building, 1(01), 91-105.
- Type: Journal Article
- Keywords: Construction; Sri Lanka; supply and demand
- ISBN/ISSN: 1445-2634
- URL: https://doi.org/10.5130/AJCEB.v1i1.2284
- Abstract:
The construction sectors in the developing countries (DCs) have recently demonstrated numerous trends towards globalisation, raising considerable concern in the field. However, the nature of the effect of demand on supply characteristics of the domestic industry has not been sufficiently discussed with respect to what development measures are needed in the context of constraints that originate locally to accommodate the global trends in DCs. This paper therefore analyses reasons for these trends and attempts to identify the necessary industry developments to benefit from them locally. For this purpose, the Sri Lankan construction industry has been taken as a case study and a demand and supply framework is being used to analyse the case. The analysis reveals that while government policies contribute intrusively in stimulating demand side trends, the role of the contracting firms together with project delivery process and project procurement process are also subject to change as a result of these demand determinants. In this context, the main focus is concentrated on corporate developments, while wider industry development is also necessary to support them. As a consequence, both institutional reforms and capacity building are required to enhance firms’ technological and managerial capacity. The necessity for these development measures reflects in partly the underdeveloped framework of the construction industry in DCs. Nevertheless, they could still foster indigenous construction capacity within the context of global trends.
Wood, B (2001) Sustainability of construction education. Construction Economics and Building, 1(01), 106-112.