Recent developments in the construction sector in the Asian region demonstrate three trends: (1) larger private sector participation in infrastructure projects, (2) increasing vertical integration in the packaging of construction projects, and (3) increased foreign participation in domestic construction. This paper attributes the trends to the globalization and deregulation of markets necessitated by fiscal, technological and managerial constraints. Although these trends present intra-Asian opportunities, there are also areas of concern. The trends have helped polarize the financial and technical superiority of the developed countries and the corresponding inferiority of the developed countries in the region of the developing ones. In the long term, this gap could be filled through technology transfer. In the short term, however, there are concerns that imported construction services could grow at the expense of the indigenous sectors of the developing countries. This paper illustrates this dilemma with the case of Japan as a world leader in international construction services. Its dominance has apparently come through the orchestration of industrial and corporate policies, implemented in a highly regulated and protected domestic market. However, construction industries in other Asian economies (such as China) will have to leapfrog in technology, finance and management know-how (e.g. through joint ventures with developed countries' construction companies) before they can become formidable powers in an environment that has become much more global, more de-regulated, more open and more competitive than before.Construction, Asia, Globalization, Construction Industry Development,
Hong Kong's planning control system entails a framework of statutory zoning plans and a discretionary permission process. Through examining past planning decisions on urban office development applications between 1988 and 1997, this paper explores whether this 'hybrid' system provides both certainty for development capital and flexibility in administrative control. Our study concludes that the Hong Kong system offers considerable certainty, although the decision-making criteria of the development controllers tend to deviate from the planning policy applicable to our application cases. Technical merits of the development schemes are found to be necessary, but not sufficient conditions in securing planning permissions. The rejection reasons given by the planning authority apparently disguise their real concerns. Market forces also affect planning control decisions.
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