Joint Venture Modes of Water Conservancy and Hydroelectric Engineering
With the long construction period, the giant scope and complex technology, water conservancy and hydroelectric engineering construction has large investment. In the fully competitive water conservancy and hydropower project construction contracting market, it is almost impossible for a company to...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Eastern Macedonia and Thrace Institute of Technology
2013-07-01
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| Series: | Journal of Engineering Science and Technology Review |
| Subjects: | |
| Online Access: | http://www.jestr.org/downloads/Volume6Issue2/fulltext116213.pdf |
| Summary: | With the long construction period, the giant scope and complex technology, water conservancy and hydroelectric
engineering construction has large investment. In the fully competitive water conservancy and hydropower project
construction contracting market, it is almost impossible for a company to contract with a water conservancy and
hydropower project independently. Therefore, water conservancy and hydropower project construction can be contracted
by several construction companies together, to play each company's strengths, lower offer, improve project quality,
shorten the construction period and win the competition. In this paper, we started from the definition of Joint Venture,
summed up the forms of Joint Venture in water conservancy and hydropower engineering, proposed that the JV modes
can be divided into domestic and international union, tight mode, half-tight mode, loose mode, incorporation and
consortium. Furthermore, we analyzed the advantages and disadvantages of Joint Venture. Put forward that the JV can
relieve the owner from interfacial administrative work, reduce risk of engineering, and raise the success rate of
engineering contract, improve the correctness of price and increase the opportunity of project contracting, Learn from
other members, enhance technology and management and make full use of idle resources |
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| ISSN: | 1791-2377 1791-2377 |