• DocumentCode
    120238
  • Title

    Important Cautions Research about Chinese-Funded Construction Companies Bidding on Omani Construction Project

  • Author

    Linjun Yan

  • Author_Institution
    Lanzhou Jiaotong Univ., Lanzhou, China
  • fYear
    2014
  • fDate
    4-6 July 2014
  • Firstpage
    492
  • Lastpage
    496
  • Abstract
    As one of the six Gulf countries, Oman invested heavily in infrastructure construction every year. Many Chinese enterprises want to be able to enter the Omani construction market. Although there are some Chinese companies have undertaken a number of construction projects, the vast majority of them did not get expected benefits, or even had a loss. Analyzing the reasons is mainly because there is its peculiarity in Omani construction market, and the Chinese companies are unfamiliar with local policies and regulations after entering the market, resulting in economic losses. Based on analysis and research of the Omani construction market, this paper provides guidance and help for Chinese enterprises to enter the market and undertake construction projects in Oman.
  • Keywords
    civil engineering; government policies; international finance; investment; project engineering; socio-economic effects; tendering; Chinese-funded construction companies; Oman; bidding; caution research; construction project; economic losses; investment; local policies; local regulations; Companies; Contracts; Government; Industries; Investment; Personnel;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Computational Sciences and Optimization (CSO), 2014 Seventh International Joint Conference on
  • Conference_Location
    Beijing
  • Print_ISBN
    978-1-4799-5371-4
  • Type

    conf

  • DOI
    10.1109/CSO.2014.144
  • Filename
    6923732