International joint venture between Asean and gulf: bidding and delivering Bahrain international Formula-1 circuit
A foreign contractor can resort to a partnering or joint-venture strategy with a host contracting firm to bid for a major international construction project. This paper presents a case study in the Bahrain FORMULA-1 Circuit (BFC) project focusing mainly on its tendering and construction stages, whic...
| Main Authors: | , , , |
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| Format: | Journal Article |
| Published: |
ESTONIAN ACADEMY PUBLISHERS
2014
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| Online Access: | http://hdl.handle.net/20.500.11937/46459 |
| _version_ | 1848757563642871808 |
|---|---|
| author | Abdul-Rahman, H. Wang, C. Wood, Lincoln Ismail, S. |
| author_facet | Abdul-Rahman, H. Wang, C. Wood, Lincoln Ismail, S. |
| author_sort | Abdul-Rahman, H. |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | A foreign contractor can resort to a partnering or joint-venture strategy with a host contracting firm to bid for a major international construction project. This paper presents a case study in the Bahrain FORMULA-1 Circuit (BFC) project focusing mainly on its tendering and construction stages, which is lacking in literatures. Findings illustrate that the success in such an international pact include: advanced technical and engineering expertise; selection of a committed partner; management expertise; creating and sustaining good working environment; appropriate risk management; maintaining a reliable international materials supply chain; and efficient project planning and tracking system. Management expertise is the most important factor because of the peculiarities and problems of international projects. This case study is able to assist practitioners to devise their own approach in overcoming the challenges and dynamic influences in the international construction market. |
| first_indexed | 2025-11-14T09:30:05Z |
| format | Journal Article |
| id | curtin-20.500.11937-46459 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T09:30:05Z |
| publishDate | 2014 |
| publisher | ESTONIAN ACADEMY PUBLISHERS |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-464592017-09-13T13:39:37Z International joint venture between Asean and gulf: bidding and delivering Bahrain international Formula-1 circuit Abdul-Rahman, H. Wang, C. Wood, Lincoln Ismail, S. A foreign contractor can resort to a partnering or joint-venture strategy with a host contracting firm to bid for a major international construction project. This paper presents a case study in the Bahrain FORMULA-1 Circuit (BFC) project focusing mainly on its tendering and construction stages, which is lacking in literatures. Findings illustrate that the success in such an international pact include: advanced technical and engineering expertise; selection of a committed partner; management expertise; creating and sustaining good working environment; appropriate risk management; maintaining a reliable international materials supply chain; and efficient project planning and tracking system. Management expertise is the most important factor because of the peculiarities and problems of international projects. This case study is able to assist practitioners to devise their own approach in overcoming the challenges and dynamic influences in the international construction market. 2014 Journal Article http://hdl.handle.net/20.500.11937/46459 10.3176/tr.2014.4.04 ESTONIAN ACADEMY PUBLISHERS fulltext |
| spellingShingle | Abdul-Rahman, H. Wang, C. Wood, Lincoln Ismail, S. International joint venture between Asean and gulf: bidding and delivering Bahrain international Formula-1 circuit |
| title | International joint venture between Asean and gulf: bidding and delivering Bahrain international Formula-1 circuit |
| title_full | International joint venture between Asean and gulf: bidding and delivering Bahrain international Formula-1 circuit |
| title_fullStr | International joint venture between Asean and gulf: bidding and delivering Bahrain international Formula-1 circuit |
| title_full_unstemmed | International joint venture between Asean and gulf: bidding and delivering Bahrain international Formula-1 circuit |
| title_short | International joint venture between Asean and gulf: bidding and delivering Bahrain international Formula-1 circuit |
| title_sort | international joint venture between asean and gulf: bidding and delivering bahrain international formula-1 circuit |
| url | http://hdl.handle.net/20.500.11937/46459 |