Cultural and Economic Risks Factors in UAE Construction Projects

Mundhir AL Hasani
2018 International Journal of Academic Research in Business and Social Sciences  
The United Arab Emirates (UAE) construction industry is an essential part of the country's economy. It provides a significant contribution to employment, housing, commercial buildings and infrastructure. The aim was to study various risks and risk factors related to success of UAE construction projects. An in-depth interview approach involving clients, contractors and consultants was used. It was noted that the differing perspectives of the three main categories of clients, contractors and
more » ... ontractors and consultants were critical to success, with communication factors amongst the three identified as playing a most critical role in success. A large of cultural difference was also noted within the workers in UAE industry. There was a lack of understanding of the effects and mechanisms of the risks associated with cultural diversity, including optimal ways to deal with issues and risks. Specifically, this paper identifies the major cultural and economic risks factors that impact the success of large projects.
doi:10.6007/ijarbss/v8-i12/5044 fatcat:fm7ueea73jgpri6a5h3re3hyvq