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Joint ventures in the South African building industry

Joint ventures in the South African building industry JOINT VENTURES IN THE SOUTH AFRICAN BUILDING INDUSTRY Relationships and Experiences between Established and Emerging Contractors R.N. NKADO AND G. FALKOF The former apartheid system excluded many black entrepreneurs from the mainstream business activity in the Republic of South Africa, and especially from the construction industry, which has traditionally been dominated by a few large conglomerates. The building industry has a negative history of black oppression and cheap, backbreaking labour that the former apartheid government and other developers misused to a great extent. Presently, with the advent of a democratic, non-racial society, the black entrepreneurs in South Africa are pressing to enter into the mainstream economic activity through various alternative routes. The greatest problem is that black contractors are generally disadvantaged in the formal areas of management partly because they have had little exposure to, or contact with, the methods and techniques commonly employed in the formal building industry. One route to access the conventional contracting styles and building industry methods is a joint venture with an established partner who knows the principles of major construction projects, and is willing to share his experience with the smaller builders. This type of joint venture is likely to feature prominently as http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Urban Forum Springer Journals

Joint ventures in the South African building industry

Nkado, R.; Falkof, G.
Urban Forum , Volume 8 (2) – Apr 7, 2009
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References (24)

Publisher
Springer Journals
Copyright
Copyright © 1997 by Springer SBM
Subject
Social Sciences, general; Human Geography; Landscape/Regional and Urban Planning; Population Economics; Political Science; Sociology
ISSN
1015-3802
eISSN
1874-6330
DOI
10.1007/BF03036770
Publisher site
See Article on Publisher Site

Abstract

JOINT VENTURES IN THE SOUTH AFRICAN BUILDING INDUSTRY Relationships and Experiences between Established and Emerging Contractors R.N. NKADO AND G. FALKOF The former apartheid system excluded many black entrepreneurs from the mainstream business activity in the Republic of South Africa, and especially from the construction industry, which has traditionally been dominated by a few large conglomerates. The building industry has a negative history of black oppression and cheap, backbreaking labour that the former apartheid government and other developers misused to a great extent. Presently, with the advent of a democratic, non-racial society, the black entrepreneurs in South Africa are pressing to enter into the mainstream economic activity through various alternative routes. The greatest problem is that black contractors are generally disadvantaged in the formal areas of management partly because they have had little exposure to, or contact with, the methods and techniques commonly employed in the formal building industry. One route to access the conventional contracting styles and building industry methods is a joint venture with an established partner who knows the principles of major construction projects, and is willing to share his experience with the smaller builders. This type of joint venture is likely to feature prominently as

Journal

Urban Forum – Springer Journals

Published: Apr 7, 2009

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