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ASSESSING THE STRENGTH AND WEAKNESS OF THE GHANAIAN CONSTRUCTION INDUSTRY |
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| รหัสดีโอไอ | |
| Title | ASSESSING THE STRENGTH AND WEAKNESS OF THE GHANAIAN CONSTRUCTION INDUSTRY |
| Creator | BERNARD MARTIN ARTHUR-AIDOO, NAZEEM ANSARY, CLINTON AIGBAVBOA |
| Contributor | - |
| Publisher | ISEC PRESS |
| Publication Year | 2559 |
| Keyword | Employment, developing-nation, infrastructure, productivity |
| Abstract | AbstractGhana as a developing nation located in the sub-Saharan Africa is characterized by its favorable political atmosphere and stable economy to do business. The nation needs infrastructure development in order to satisfy both the economic and social development requirements of its economy. The construction industry, however, is a vital sector of the economy that addresses the socio-economic development needs of every country. This paper, therefore, seeks to explore the strength and weakness of this sector with a focus on the Ghanaian construction industry. To achieve the aim of the study, an extensive review of literature via a desk-top study was embarked which captured the use of existing journal publications, government white papers, and gazette among others. The study revealed that the Ghanaian construction industry is a crucial sector that creates employment which tends to reduce poverty to a larger extent. Also, the collaboration of the construction industry with other sectors do as well increases the gross domestic product of the economy and brings about entire growth in the economy. Similarly, the study revealed that the industry is posed with constraints which are categorized as weakness. These include access to credit facilities, high span of control, employee management and corruption among others. The study recommends the establishment of a construction industry development board that in Ghana to supersede all the activities of the industry in order to promote, maintain a high standard construction industry to the Ghanaian economy and society. Keywords: Construction, explore, industry, strength, weakness. |
| ISBN | 978-0-9960437-3-1 |
