Analyzing the risks and problems in construction contracts affecting developers : a case study of an apartment building project in Yangon
Call Number: AIT Proj. no.MPM-MM-CM-21-20 Material type:
SeriesSeries: Asian Institute of Technology. Project ; no. MPM-MM-CM-21-20Publication details: Pathum Thani, Thailand : Asian Institute of Technology, 2021Description: 57 leaves : ill. + 1 online resourceSubject(s): Online resources: Dissertation note: Project (M. Eng.) - Asian Institute of Technology, 2021 Summary: Myanmar has recently opened up its doors to the rest of the world, thus leading to a boom in the construction sector starting in 2011. Billions of investments have already been made by numerous multi-national companies from around the world. More specifically, Myanmar has attracted deep interest from China, Singapore, Korea, Thailand, and Vietnam. Due to an influx of foreigners and foreign investments, there has been a surge in market demand for condominiums. This report explains and analyzes the problems and risk in construction contracts from the perspective of the employer. This report elaborates the strengths and weaknesses of the contract conditions that affect the employers and contractors. This report further explains the causation of this contractual problems faced by the employer and provide recommendations and solutions for the problems that arises. The ILVD project currently has 2 contractors, 1 for the sub structure and one for the super structure. The current progress of the project is halted in the fifth floor. The report will explain the quality defect issues that occurred while constructing the sub structure and force majeure problems in the super structure portion.
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Asian Institute of Technology Library Archives | AIT Proj. no.MPM-MM-CM-21-20 (Browse shelf(Opens below)) | 1 | Not for loan |
A project submitted in partial fulfillment of the requirements for the degree of Master of Engineering (Professional) in Construction Engineering and Infrastructure Management
Project (M. Eng.) - Asian Institute of Technology, 2021
Myanmar has recently opened up its doors to the rest of the world, thus leading to a boom in the construction sector starting in 2011. Billions of investments have already been made by numerous multi-national companies from around the world. More specifically, Myanmar has attracted deep interest from China, Singapore, Korea, Thailand, and Vietnam. Due to an influx of foreigners and foreign investments, there has been a surge in market demand for condominiums. This report explains and analyzes the problems and risk in construction contracts from the perspective of the employer. This report elaborates the strengths and weaknesses of the contract conditions that affect the employers and contractors. This report further explains the causation of this contractual problems faced by the employer and provide recommendations and solutions for the problems that arises. The ILVD project currently has 2 contractors, 1 for the sub structure and one for the super structure. The current progress of the project is halted in the fifth floor. The report will explain the quality defect issues that occurred while constructing the sub structure and force majeure problems in the super structure portion.
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