Abstract
A climate of openness in the economic field allows local companies to seize opportunities to enter an overseas market. Intensive penetration of Indonesian contractors into the transnational market has recently begun. Several projects in the Middle East, Africa as well as southeast Asia have continued since the last decade. This study aims to trace Indonesian contractors' involvement outside of their domestic market and identify key factors causing them to pursue these projects. A review of the literature and internet searches indicate that only six Indonesian companies actively play in the overseas construction market. The three aforementioned regions are likewise identified as comfortable places for Indonesian contractors to expand services abroad. Having closeness - in terms of religion, beliefs, socio-culture, similarity in identity and government relationships - is the major contributor to success in overseas construction projects (OCPs).
Original language | English |
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Title of host publication | ICCREM 2014 |
Subtitle of host publication | Smart Construction and Management in the Context of New Technology - Proceedings of the 2014 International Conference on Construction and Real Estate Management |
Publisher | American Society of Civil Engineers (ASCE) |
Pages | 535-546 |
Number of pages | 12 |
ISBN (Electronic) | 9780784413777 |
DOIs | |
Publication status | Published - 1 Jan 2014 |
Event | 2014 International Conference on Construction and Real Estate Management: Smart Construction and Management in the Context of New Technology, ICCREM 2014 - Kunming, China Duration: 27 Sept 2014 → 28 Sept 2014 |
Conference
Conference | 2014 International Conference on Construction and Real Estate Management: Smart Construction and Management in the Context of New Technology, ICCREM 2014 |
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Country/Territory | China |
City | Kunming |
Period | 27/09/14 → 28/09/14 |
ASJC Scopus subject areas
- Civil and Structural Engineering
- Building and Construction