The South African Construction Industry: Perceptions Of Key Challenges Facing Its Performance, Development And Growth

The paper investigates the challenges influencing the performance, development and growth of the South African construction industry. The paper examines whether there is a key challenge perceived by construction industry stakeholders as affecting the development and growth of the sector. The rat...

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Main Authors: Windapo, Abimbola Olukemi, Cattell , Keith
Format: Article
Language:English
Published: Penerbit Universiti Sains Malaysia 2013
Subjects:
Online Access:http://eprints.usm.my/42070/
http://eprints.usm.my/42070/1/JCDC_18%282%29_2013-Art._5_%2865-79%29.pdf
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author Windapo, Abimbola Olukemi
Cattell , Keith
author_facet Windapo, Abimbola Olukemi
Cattell , Keith
author_sort Windapo, Abimbola Olukemi
building USM Institutional Repository
collection Online Access
description The paper investigates the challenges influencing the performance, development and growth of the South African construction industry. The paper examines whether there is a key challenge perceived by construction industry stakeholders as affecting the development and growth of the sector. The rationale for the examination stems from the varied and largely unexamined assumptions available in the literature as to what the key challenge is. The research adopts a qualitative approach, using semi-structured interviews of 120 construction industry stakeholders based in Cape Town. The respondents were selected using the convenience and snowball sampling technique. The results of the study show that from a ranking perspective, the key challenges perceived by stakeholders as affecting the performance, development and growth of the construction industry in South Africa include the increasing costs of building materials, access to mortgage/credits, high interest rates and the high rate of failure of contracting enterprises. The paper concludes that to foster construction industry performance and growth in South Africa, there must be further studies to identify the factors responsible for the increases in the costs of building materials and to test the assumption that exploration and development of new materials and technologies, rather than exploitation of existing ones, will ensure stable building material prices.
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spelling usm-420702018-09-25T01:19:35Z http://eprints.usm.my/42070/ The South African Construction Industry: Perceptions Of Key Challenges Facing Its Performance, Development And Growth Windapo, Abimbola Olukemi Cattell , Keith TH1-9745 Building construction The paper investigates the challenges influencing the performance, development and growth of the South African construction industry. The paper examines whether there is a key challenge perceived by construction industry stakeholders as affecting the development and growth of the sector. The rationale for the examination stems from the varied and largely unexamined assumptions available in the literature as to what the key challenge is. The research adopts a qualitative approach, using semi-structured interviews of 120 construction industry stakeholders based in Cape Town. The respondents were selected using the convenience and snowball sampling technique. The results of the study show that from a ranking perspective, the key challenges perceived by stakeholders as affecting the performance, development and growth of the construction industry in South Africa include the increasing costs of building materials, access to mortgage/credits, high interest rates and the high rate of failure of contracting enterprises. The paper concludes that to foster construction industry performance and growth in South Africa, there must be further studies to identify the factors responsible for the increases in the costs of building materials and to test the assumption that exploration and development of new materials and technologies, rather than exploitation of existing ones, will ensure stable building material prices. Penerbit Universiti Sains Malaysia 2013 Article PeerReviewed application/pdf en http://eprints.usm.my/42070/1/JCDC_18%282%29_2013-Art._5_%2865-79%29.pdf Windapo, Abimbola Olukemi and Cattell , Keith (2013) The South African Construction Industry: Perceptions Of Key Challenges Facing Its Performance, Development And Growth. Journal of Construction in Developing Countries , 18 (2). pp. 65-79. ISSN 1823-6499 http://web.usm.my/jcdc/vol18_2_2013/JCDC%2018(2)%202013-Art.%205%20(65-79).pdf
spellingShingle TH1-9745 Building construction
Windapo, Abimbola Olukemi
Cattell , Keith
The South African Construction Industry: Perceptions Of Key Challenges Facing Its Performance, Development And Growth
title The South African Construction Industry: Perceptions Of Key Challenges Facing Its Performance, Development And Growth
title_full The South African Construction Industry: Perceptions Of Key Challenges Facing Its Performance, Development And Growth
title_fullStr The South African Construction Industry: Perceptions Of Key Challenges Facing Its Performance, Development And Growth
title_full_unstemmed The South African Construction Industry: Perceptions Of Key Challenges Facing Its Performance, Development And Growth
title_short The South African Construction Industry: Perceptions Of Key Challenges Facing Its Performance, Development And Growth
title_sort south african construction industry: perceptions of key challenges facing its performance, development and growth
topic TH1-9745 Building construction
url http://eprints.usm.my/42070/
http://eprints.usm.my/42070/
http://eprints.usm.my/42070/1/JCDC_18%282%29_2013-Art._5_%2865-79%29.pdf