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The Economy and the Construction Industry

  • Low Sui PhengEmail author
  • Lau Shing Hou
Chapter
Part of the Management in the Built Environment book series (MABUEN)

Abstract

Generally, there are three levels to define construction within the literature (Dang and Low in Infrastructure Investments in Developing Economies. Springer, 2015). At one extreme, construction is referred to as an economic activity that involves the entire construction process from producing raw and manufactured building materials and components, and providing professional services such as design and project management, to executing the physical work on site.

Copyright information

© Springer Nature Singapore Pte Ltd. 2019

Authors and Affiliations

  1. 1.Department of BuildingNational University of SingaporeSingaporeSingapore

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