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Article: Strategic planning for the sustainable development of the construction industry in Hong Kong

TitleStrategic planning for the sustainable development of the construction industry in Hong Kong
Authors
KeywordsConstruction industry development
Hong Kong
Strategic planning
Issue Date2010
PublisherPergamon. The Journal's web site is located at http://www.elsevier.com/locate/habitatint
Citation
Habitat International, 2010, v. 34 n. 2, p. 256-263 How to Cite?
AbstractExcessive fluctuations in construction volume are undesirable and a comprehensive strategic planning is needed to sustain the development of the construction industry. This paper reports the findings of an industry-driven research project which aims to identify the available opportunities and the way forward for developing the construction industry of Hong Kong in a sustainable manner. Based on the collective views of experts from the industry, a set of strategic directions is proposed under a construction industry development framework. A long-term vision dedicated to the construction industry is indispensable for any country to position this important sector correctly. It is desirable to set up a centralized planning body to strategically plan and coordinate the overall output of the construction sector at a macro level in future. To ensure timely launching of major public-funded projects, an implementation framework with streamlined legal procedures and an efficient public consultation process are essential. The government, relevant professional institutions and trade organizations shall attract, maintain and nurture human resources to better match the needs of the industry and improve its productivity. For industry practitioners, timely diversification and adjustments in business model are necessary to adapt to the market transformations. With intense competition in construction services, all practitioners should continuously strive to sharpen their competitive edge and prioritize the identified opportunities to sustain growth. It is envisaged that the recommendations of this study would serve as a valuable reference for policy makers, in both developing and developed countries, to maintain a sustainable development of the construction industry. © 2009 Elsevier Ltd. All rights reserved.
Persistent Identifierhttp://hdl.handle.net/10722/123934
ISSN
2015 Impact Factor: 2.029
2015 SCImago Journal Rankings: 1.038
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorWong, JMWen_HK
dc.contributor.authorThomas Ng, Sen_HK
dc.contributor.authorChan, APCen_HK
dc.date.accessioned2010-10-11T03:35:50Z-
dc.date.available2010-10-11T03:35:50Z-
dc.date.issued2010en_HK
dc.identifier.citationHabitat International, 2010, v. 34 n. 2, p. 256-263en_HK
dc.identifier.issn0197-3975en_HK
dc.identifier.urihttp://hdl.handle.net/10722/123934-
dc.description.abstractExcessive fluctuations in construction volume are undesirable and a comprehensive strategic planning is needed to sustain the development of the construction industry. This paper reports the findings of an industry-driven research project which aims to identify the available opportunities and the way forward for developing the construction industry of Hong Kong in a sustainable manner. Based on the collective views of experts from the industry, a set of strategic directions is proposed under a construction industry development framework. A long-term vision dedicated to the construction industry is indispensable for any country to position this important sector correctly. It is desirable to set up a centralized planning body to strategically plan and coordinate the overall output of the construction sector at a macro level in future. To ensure timely launching of major public-funded projects, an implementation framework with streamlined legal procedures and an efficient public consultation process are essential. The government, relevant professional institutions and trade organizations shall attract, maintain and nurture human resources to better match the needs of the industry and improve its productivity. For industry practitioners, timely diversification and adjustments in business model are necessary to adapt to the market transformations. With intense competition in construction services, all practitioners should continuously strive to sharpen their competitive edge and prioritize the identified opportunities to sustain growth. It is envisaged that the recommendations of this study would serve as a valuable reference for policy makers, in both developing and developed countries, to maintain a sustainable development of the construction industry. © 2009 Elsevier Ltd. All rights reserved.en_HK
dc.languageeng-
dc.publisherPergamon. The Journal's web site is located at http://www.elsevier.com/locate/habitatinten_HK
dc.relation.ispartofHabitat Internationalen_HK
dc.subjectConstruction industry developmenten_HK
dc.subjectHong Kongen_HK
dc.subjectStrategic planningen_HK
dc.titleStrategic planning for the sustainable development of the construction industry in Hong Kongen_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0197-3975&volume=34&issue=2&spage=256&epage=263&date=2010&atitle=Strategic+planning+for+the+sustainable+development+of+the+construction+industry+in+Hong+Kong-
dc.identifier.emailThomas Ng, S:tstng@hkucc.hku.hken_HK
dc.identifier.authorityThomas Ng, S=rp00158en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1016/j.habitatint.2009.10.002en_HK
dc.identifier.scopuseid_2-s2.0-73149103205en_HK
dc.identifier.hkuros173576-
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-73149103205&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume34en_HK
dc.identifier.issue2en_HK
dc.identifier.spage256en_HK
dc.identifier.epage263en_HK
dc.identifier.isiWOS:000275011000015-
dc.publisher.placeUnited Kingdomen_HK
dc.identifier.scopusauthoridWong, JMW=30067976000en_HK
dc.identifier.scopusauthoridThomas Ng, S=7403358853en_HK
dc.identifier.scopusauthoridChan, APC=7403167781en_HK
dc.identifier.citeulike6248981-

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