Construction industry development - Dissertation Example

Comments (1) Cite this document
1 INTRODUCTION Over the past five years, the construction industry has been awash with tunnelling projects with there being a lot of enthusiasm globally from industry players (Deloitte 2012). This has mainly been due to advancements in tunnelling technology and techniques, which have occurred over the past decade, and also due to increased awareness of the need for ‘green’ projects, which have less environmental impact (Deloitte 2012)…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.9% of users find it useful
Construction industry development
Read TextPreview

Extract of sample "Construction industry development"

Download file to see previous pages Underground constructions occur in a wide array of sectors and areas. These include highway construction, sewerage system, metro / subway systems, electricity cables and transmissions systems, nuclear power facilities, water systems, flood management systems, natural disaster and war underground hiding bunkers, and hydropower plant systems (Beer 2009). With the recognition of the benefits for the countries that come along with underground construction, such as reducing congestion, lowering environmental degradation, reducing pressure put on land and efficient utilization of strategic resources, many countries have increasingly invested towards this form of construction (Brown 2001; Beer 2009). The high business opportunities in the emerging countries within the construction industry have attracted a plethora of construction entrepreneurs into these markets. Russia in specific has attracted a lot of attention not only due to its growing economy, but specifically also due to the upcoming events: 1) The high profile Winter World Olympic Games to be held in Sochi, Russia in 2014, and the 2) 2018 Fifa World Cup, which has seen the development of a number of high scale underground systems (Kral 2009; Deloitte, 2012). However, it is imperative that the current business climate for underground construction in Russia be understood clearly to enable effective decision making for the wide array of potential investors (Datamonitor 2011; Deloitte 2012). The business environment may present a number of challenges to various investors, both local and foreign, who seek to do business in underground construction. The industry conditions and entry barriers in terms of economic, political and financial factors that impact a business need be taken into consideration when opening or expanding a business (World Bank Report 2009). In essence therefore, this research study seeks to investigate the current business conditions within the tunnelling and underground construction in Russia, and specifically look at entry barriers that impact the businesses and the ability of various potential entrepreneurs investing in this industry. 1.1 Background and Context Growth in underground construction has increased in the current era due to the realization of its several advantages. While talking about the benefits of going underground Paul (2004) stated that going underground has several benefits. Author stated that with regards to accommodating growing urban population, underground space provides several facilities such as environmentally safe and modest urban transit systems, shopping facilities and car parks etc. With regards to isolation, underground space is a natural shelter for severe weather; it provides safeguard against climate, earthquakes, noise etc which could be possible threats in case of severe human activities like explosion and/or natural disasters like hurricane. Author continued that with regards to environmental preservation and topography, effective use of underground space leaves more space above ground and hence allows preserve air and natural vegetation thus ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Construction industry development Dissertation Example | Topics and Well Written Essays - 9000 words”, n.d.)
Construction industry development Dissertation Example | Topics and Well Written Essays - 9000 words. Retrieved from
(Construction Industry Development Dissertation Example | Topics and Well Written Essays - 9000 Words)
Construction Industry Development Dissertation Example | Topics and Well Written Essays - 9000 Words.
“Construction Industry Development Dissertation Example | Topics and Well Written Essays - 9000 Words”, n.d.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
uniquehane added comment 1 month ago
Student rated this paper as
The topic of "Construction industry development" is quite popular among the assignments in high school. Still, this document opens a brand new perspective of seeing the issue. I’ll use the manner for my own research.

CHECK THESE SAMPLES OF Construction industry development

The contribution of the construction industry to economic development in Libya

...?The Contribution of the Construction Industry to Economic Development in Libya Table of Contents Question 3 Question 2 3 Question 3 4 Question In 1986, GDP of Libyan construction industry was 492.6 Million L.D., whereas the country’s national GDP was 6960.7 Million L.D. Hence, the construction industry contributes almost 7% (7.07%) to the national GDP. Over the next five years this contribution was reduced to almost 3.88%. During the period of 1986-1991 the contributions of construction industry to the GDP of Lydia were 6.84, 6.20, 6.28, 5.55 and 3.88 respectively. Over the next ten...
2 Pages(500 words)Dissertation

Construction Industry

...on fixed assets including buildings and machinery among others in either replacing or adding stock of the fixed assets. This is related to investment as fixed assets are used in the production process. It is important public policy tool as it is used in creating employment and also increases the development in the U.S. This is through the central bank through which people invest in infrastructure leading to money injection in the economy. This industry contributes to a third of total investment in fixed assets in the economy. It has also led to the construction of new and better buildings like the hospital facilities, educational centre like schools. There has also been the...
9 Pages(1750 words)Research Paper

The Development of Barrier to Entry in B2B Markets. The Case of Russian Underground Construction Industry

..., and acquire equipment, wages, and research and development. Responding to the changes associated with the existence of these barriers was found as important move among companies in underground construction industry. These changes primarily include sophistication of construction techniques, appropriate use of planning, implementation, evaluation and control. Russian government was found not a remarkable barrier to potential entrants, but the set standards by the government authorities could front probable risk factors prior to successful entry. Due to shortage of skilled workers in the underground construction industry, there is a...
4 Pages(1000 words)Dissertation

Construction Industry

...on the topic is deep rooted to pertinent aspects like legal complexity, lack of circumstantial evidences and geographic diversity. The mentioned factors make conducting research on internal disputes in construction industry pretty much ambiguous and challenging. Conjunction of complexity, diversity and literature gap in the topic has influenced the researcher to write this paper in order to shed light on pertinent issues regarding industrial disputes in construction sector. The researcher will take help of the research works of previous researchers in order to develop theoretical background of the paper while at the later section; the researcher will...
12 Pages(3000 words)Essay

Construction Industry

..., technical, professional and management roles. In a press notice, it has stated that according to the National Employer Skills Survey (NESS) 2004, there are over 32,000 vacancies in the industry, 13,700 of which are skill shortage vacancies. In order to develop construction skills for major projects associated with the Olympics, a National Skills Academy has been set up. (The press release can be viewed at the Department of Education and Skills website at According to a survey conducted by the CIOB, 89% of respondents felt there was a shortage of training placements in Britain. They felt that one of the prime causes for the...
5 Pages(1250 words)Essay

UK Construction Industry

...Problems facing the UK construction industry Introduction The Construction industry is an important sector of the UK economy. It constitutes about8 to 10 per cent of the GDP. This sector employs about two million people. There is a huge. Various organisations are working in this sector. The construction industry employs various occupations. They include architects, consultant engineers, surveyors, lawyers, plumbers, site managers, electricians, bricklayers and many others. Unlike in other sectors, most employees in the construction sector work for very small firms that are in turn subcontractors for bigger...
5 Pages(1250 words)Essay

Construction industry studies

...perfectly with no faults in it is said to be a reliable and quality product. While talking about quality, let’s now discuss its importance in the construction industry. Any company of the construction industry may encounter a big problem of loosing its precious and potential customers because of not paying enough attention towards the implementation of proper quality management system at the workplace. It is a common fact that when a company or any specific business will not have proper implementation of any quality management system, it will surely make a worse impact not only on the growth and development of the company but also on retention of the...
4 Pages(1000 words)Essay

The importance of implementing sustainable construction/development within the UK construction industry, and the essential factors/barriers it possesses

...TABLE OF CONTENTS CHAPTER ONE 1 Introduction 01 1.2 Literature Review 02 1.3 Research Methodology 05 CHAPTER TWO 2.1 Sustainable Development Overview 07 2.2 What Is Sustainable Construction? 08 2.3 Sustainability Principles within the Construction Industry 10 2.4 Overview of the UK Construction Industry... ...
50 Pages(12500 words)Essay

The contribution of the construction industry to economic development in Libya

...The contribution of the construction industry to economic development in Libya Introduction: The construction industry has a major and inherent role contributing to a sizeable portion of the national Gross Domestic Prouct (GDP) of both developed and developing countries (Ganesan 2000, Crosthwaite, 2000). Lowe (2003) has already argued about the significant range determined by construction industry in the national economies of both types of national settings. According to him this contribution in terms of value added varies between 7% to 10% in the context of developed...
12 Pages(3000 words)Essay

Construction Industry Book

...Construction: principles, materials and methods ID: Leslie Simmons has ed an excellent guide for anyone related with the construction industry in the book, titled “Construction: principles, materials and methods”. The author aims at providing complete information required for building the desired construction project, from the concept stage. The book has 24 chapters, while the author has discussed about an individual aspect of construction separately in each chapter. The first chapter details about the significance of design aspects including required by-laws and other statuary regulations along with other building design parameters. Starting with the verification of existing conditions in chapter 2, the book continues to discuss... on the...
1 Pages(250 words)Article
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Dissertation on topic Construction industry development for FREE!

Contact Us