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Claver, E, Molina, J F and Tari, J J (2003) Strategic groups and form performance: the case of Spanish house-building firms. Construction Management and Economics, 21(04), 369-77.

Eyiah, A K and Cook, P (2003) Financing small and medium-scale contractors in developing countries: a Ghana case study. Construction Management and Economics, 21(04), 357-67.

  • Type: Journal Article
  • Keywords: developing countries; Ghana; contractors; sme; finance
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/0144619032000111241
  • Abstract:

    Little success has been achieved in financing assistant programmes for contractors in developing countries. This paper focuses on the experience of the Bank for Housing and Construction (BHC) of Ghana. Factors accountable for underachievement of its programme include: contractor’s lack of managerial and technical capability; inability to obtain contracts; persistent delayed payments by major clients; and the deliberate refusal to repay loans. Suggestions offered for improving the effectiveness of programmes, on the academic and practical front, relate well with developments in small and medium-size enterprise (SME) finance. A survey in Ghana found that there was a strong desire to establish a contractors’ bank. There would be the need for the contractors association to reform before it could play a meaningful role in the proposed bank. The importance of effective governance in achieving success cannot be overemphasized, likewise the role of government and donors in encouraging the setting up of a conducive regulatory framework.

Horsley, A, France, C and Quatermass, B (2003) Delivering energy efficient buildings: a design procedure to demonstrate environmental and economic benefits. Construction Management and Economics, 21(04), 345-56.

Ofori, G (2003) Frameworks for analysing international construction. Construction Management and Economics, 21(04), 379-91.

Pitt, M and Smith, A (2003) An assessment of waste management efficiency at BAA airports. Construction Management and Economics, 21(04), 421-31.

Shields, R and West, K (2003) Innovation in clean-room construction: a case study of co-operation between firms. Construction Management and Economics, 21(04), 337-44.

Thomas, A V, Kalidndi, S N and Ananthanarayanan, K (2003) Risk perception analysis of BOT road project participants in India. Construction Management and Economics, 21(04), 393-407.

Ye, S and Tiong, R L K (2003) Tariff adjustment frameworks for privately financed infrastructure projects. Construction Management and Economics, 21(04), 409-19.