KETAN CONSTRUCTION LIMITED Short-term bank loans / facilities Long-term bank loans / facilities PR 3 CARE BBB Ratings CARE has assigned ‘CARE BBB’ (Triple B) rating to long-term bank facilities and PR3 (PR Three) rating to short-term bank facilities of Ketan Construction Limited (KCL) for an aggregate amount of Rs.174.81 crore‚ including outstanding working capital demand loan as on May 15‚ 2009 of Rs.11.81 crore‚ sanctioned fund based working capital limits of Rs.23.00 crore and sanctioned non
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Identifying Key Risks in Construction Projects: Life Cycle and Stakeholder Perspectives Dr Patrick. X.W. Zou1 ‚ Dr Guomin Zhang2 and Professor Jia-Yuan Wang3 1 and 2: Faculty of Built Environment‚ University of New South Wales‚ Sydney 2052‚ Australia; 3: College of Architecture and Civil Engineering‚ Shenzhen University‚ Shenzhen‚ P.R. China E-mail addresses: 1 p.zou@unsw.edu.au‚ 2 guominz@fbe.unsw.edu.au‚ 3 wangjy@szu.edu.cn Abstract Managing risks in construction projects has been recognised
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Currie Road Construction Ltd (A) Executive Summary Martin Cook‚ President of Currie Road Construction Ltd has to decide on expansion plan immediately due to anticipated stimulus spending in both Texas and BC‚ Canada. The company has market share of 2.7% in BC‚ Canada. Competition in BC is stiff and it is impossible to increase market share. On the other hand‚ competition is less in Houston‚ Texas and Currie Road Construction has higher probability of securing sizeable
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CIPAA The Proposed Enactment of CONSTRUCTION INDUSTRY PAYMENT AND ADJUDICATION ACT (CIPAA) CIPAA Background The Government has long realized problems facing parties to construction contracts in securing regular and timely payment that impacts cash flow during project implementation. In ensuring the smooth implementation of construction projects‚ problems of this nature must be addressed especially at the onset of the 10th Malaysia Plan. On 15th July 2009‚ Cabinet has agreed that CIPAA
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Written Assignment Discuss the problems caused by poorly trained workers and evaluate different ways to provide effective training in the construction industry in China Nowadays‚ construction industry in China is experiencing a fast development and an abundance of skilled workers are needed to meet such development need. However‚ the situation in China is unsatisfactory. Because of the huge number of the workers involved and mobility of the workforce‚ it is difficult to ensure the professional
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Faced in The Construction Industry It is quite obvious that the Construction industry is one of the most important industries in the world. Because of construction‚ we all live in homes‚ apartments‚ condominiums‚ and other living places that were created by construction. Most jobs are in buildings‚ which were also created by construction. Basically‚ the entire structural part of society was created by hard working construction workers. To give you a general idea of why the Construction industry is
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is one of the most pressing challenges facing by the Malaysia Construction Industry as the “Wet Trade” construction approach at present relies heavily on the availability of the large number of foreign labour. Economic Report 2001/2002 stated the employment of 769‚300 workforces in the construction sector‚ foreign workers are estimated to constitute 70% (or 538‚500) of the construction workforce. The Malaysian Construction Industry has revamped its employment of foreign workers beginning
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John O’Donnell Gallagher Construction and Development are based in north London. They are a property development and refurbishment company. They have been in the construction industry for about twenty five years. They have a workforce of twenty directly employed and about fifty self employed workers at the moment. The major political influences on the construction industry in London at the moment are the Mayor of London’s Sustainable Design and Construction Supplementary Planning Guidance
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Introduction Construction activities are often exposed to various weather conditions‚ and often construction productivity is dependent on these weather conditions. Weather conditions are local‚ seasonal‚ and sometimes unusual. Inclement weather conditions often result in project disruptions‚ delays‚ and disputes between the project parties. Many trades such as earthwork‚ concrete‚ roofing‚ and landscaping are often affected by severe weather‚ meanwhile other trades such as carpet installers
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THE GLOBE CONSTRUCTION COMPANY The Globe Construction Company top management held a management workshop one weekend in April of 1989 for the purpose of discussing present policies and procedures with the ultimate objective of formalizing these in a new company operations manual. The company was established in the mid-50s by Mr. Eduardo Concepcion. The company grew at a very fast rate due to the construction boom in the government sector during the administration of ex-President Ferdinand E. Marcos
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