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Arditi, D and Patel, B K (1989) Impact Analysis of Owner‐Directed Acceleration. Journal of Construction Engineering and Management, 115(01), 144–57.
Cohenca, D, Laufer, A and Ledbetter, W B (1989) Factors Affecting Construction Planning Efforts. Journal of Construction Engineering and Management, 115(01), 70–89.
Farid, F, Boyer, L T and Kangari, R (1989) Required Return on Investments in Construction. Journal of Construction Engineering and Management, 115(01), 109–25.
Hinze, J, Hirakawa, J and Benjamin, N (1989) Comparison of Labor Agreements. Journal of Construction Engineering and Management, 115(01), 90–107.
Jahren, C T and Hancher, D E (1989) Evaluation of New Concepts for Cellular Structure Construction. Journal of Construction Engineering and Management, 115(01), 15–34.
Kangari, R and Halpin, D W (1989) Potential Robotics Utilization in Construction. Journal of Construction Engineering and Management, 115(01), 126–43.
Staab, G E (1989) Construction of Port and Facilities on Horn of Africa—Lessons Learned. Journal of Construction Engineering and Management, 115(01), 53–69.
Stevens, J D and Al‐Dulaijan, S U (1989) Contractor Financing, Public Works in Saudi Arabia. Journal of Construction Engineering and Management, 115(01), 1–14.
- Type: Journal Article
- Keywords: Contractors; Financing; Infrastructure; Saudi Arabia; Construction industry;
- ISBN/ISSN: 0733-9364
- URL: https://doi.org/10.1061/(ASCE)0733-9364(1989)115:1(1)
- Abstract:
In recent years many changes have occurred in the construction industry in Saudi Arabia, caused by the switch in emphasis from new construction—building the infrastructure—to operation and maintenance, the declining revenue from oil sales, and the planned privatization of many aspects of construction. Contractor financing has changed from interest‐free loans provided by the government—in the form of large advance payments—to short‐term, fee‐bearing loans provided by commercial banks. A commercial banking system, established under strict government regulation, is providing loans, bonding, leasing, letters of credit, hedging and other financial services to contractors. Commercial banking in the Kingdom faces various problems not present in western countries, in complying with Islamic mores. This paper discusses the financial requirements set by the Saudi Arabian government for contractors engaged in public works, the establishment of, and the financial services offered by, the commercial banks in the Kingdom, and the cost and qualifications for obtaining these services.
Touran, A and Ladick, D R (1989) Application of Robotics in Bridge Deck Fabrication. Journal of Construction Engineering and Management, 115(01), 35–52.