Tse, R Y C and Raftery, J (2001) Infrastructure policy and economic growth: Case of Hong Kong. Construction Economics and Building, 1(1), pp. 66-79. ISSN 2204-9029
Abstract
The article argues that in most infrastructure projects, the government has to take up a leading role in managing the development of strategic infrastructure. This article also discusses the value of an integrated approach linking the public and private sectors in infrastructure investment. Such an integrated approach reflects both the need to build agreement between various interested parties, and also the strength of the private sector, whose forces may be effectively combined with foreign ventures. By so doing the investment risk can be minimised and maximum market efficiency can be achieved.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | infrastructure projects; public sector; government; client |
| Index terms: | private sector, infrastructure project, economic growth, public sector, infrastructure investment, Hong Kong, efficiency, integrated approach |
| Subjects: | performance management, economic development, Geography, economic analysis, administrative law, industry analysis, infrastructure and transport systems, contractual arrangements |
| Topics: | Legal Issues, Quality Management, Sustainability, Procurement, Business Strategy, Engineering Principles, Geographical Context |
| Descriptive scope: | 2 PC |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here