Construction Economics

168 views 10:46 am 0 Comments October 16, 2023

Question 1
Refer to Table 1.1 and answer the following questions:
(a) Sometime in 2015 the public sector overtook the private sector in the construction contract value awarded. Identify and explain the sub-sector(s) that have driven these two sectors over the last ten years. Discuss why these drivers could have changed from 2015.
(b) The Building Construction Authority (BCA) suggested that the construction contract value awarded remains healthy. Identify some of the pump priming construction projects injected by the Singapore government since 2012. Evaluate if they are for pump priming and how they helped the construction industry survive

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