Abstract
Engineering procurement and construction (EPC) is a normative practice globally approved since China has been engaging in international cooperation under the Belt and Road Initiative (BRI) infrastructure development. EPC has been adopted in the delivery of BRI infrastructure projects in other countries. Compared to the domestic method of contract, EPC remains at a low level in management practice, such as a lack of coordinating diverse project stakeholders, high cost of information communication, and risk in complex environments in West Asia (WA). However, no research has conducted a strategic analysis of the current situation of EPC for BRI infrastructure projects in West Asian countries. This study aims to understand the current status quo of EPC for BRI projects in WA by performing a strength, weakness, opportunity, and threats (SWOT) analysis and with the support of data collected from the literature review and semi-structured interviews with EPC stakeholders. The study brings awareness along which internally and externally circumstances of the EPC for BRI infrastructure projects can be perceived by major stakeholders participating. The four critical strategies presented based on the SWOTs identified could help EPC firms develop and promote EPC to implement BRI infrastructure projects in WA at the strategic level.
Highlights
The transcontinental Belt and Road Initiative (BRI) was announced by the Chinese government in 2013
This study aims to develop a thorough depiction of Engineering procurement and construction (EPC) implementation for the delivery of infrastructure projects in West Asia (WA) by conducting a SWOT analysis that leverages a comprehensive literature review and semi-structured interviews
Several external and internal factors in the EPC contract were listed as possible causes for BRI infrastructure projects in West Asia
Summary
The transcontinental Belt and Road Initiative (BRI) was announced by the Chinese government in 2013. The link of people and economic infrastructure has changed enterprises’. Historical realities based on this initiative (Wang et al 2020a). BRI is aimed at reinforcing the economic rise of China (Liu 2017). BRI is a prioritized policy coordination of infrastructure connectivity, trade, finance, and people-to-people ties (State Council 2017). Liu and Dunfor (2016) posit that the BRI infrastructure project promotes poverty reduction and inclusive growth. The BRI infrastructure projects have been interpreted as the manifestation of
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