Malaysian Contractors in Gulf Construction A Preliminary.pdfVIP

IACSIT International Journal of Engineering and Technology, Vol. 4, No. 4, August 2012 Malaysian Contractors in Gulf Construction: A Preliminary Study on Financial and Economic Risks Siaw Chuing Loo and Hamzah Abdul-Rahman countries are namely Qatar, Saudi Arabia, and United Arab Abstract—Middle East possesses a strong spending power Emirates (UAE). Besides, this study does not focus on a that few other economies can contest, presenting a greater particular country because the Middle East and North Africa medium to long-term opportunities than most other parts of the (MENA) countries share similarities in the geographical, world, albeit the downturn in Dubai. The aim of this paper is to cultural, and economic aspects [5]. The Gulf shares the investigate how Malaysian contractors manage financial and economic risks when operating in the Gulf construction similarities of being a resource rich and labour importing industry. The data collection method was face-to-face in-depth region [6]. interviews with three experts from Malaysia whom had The specific objectives of this research are: (1) to identify experiences in Gulf construction industry. This paper identified the types of financial and economic risks Malaysian the financial and economic risks encountered by the Malaysian contractors face; and (2) to investigate how Malaysian contractors and their risk response measures. Fro