ABSTRACT

The construction sector makes a significant contribution to the gross domestic product (GDP) of both developed and developing countries as it provides the basis for socio-economic development (Ofori, 2007; Kheni et al., 2008). While construction contributes up to 5 percent of GDP in some developing countries (Ahadzie et al., 2009), this figure is up to 8 percent in developed countries such as the UK (Hughes and Ferrett, 2008). The construction industry also provides the nations with essential facilities and physical structures and assets that are necessary for national development. The industry is strongly linked to other sectors of the economy such as manufacturing, wholesale and retail trade, finance and insurance (Callaghan, 2006). Lessons can be learnt from other industries to improve the contribution that construction makes to the GDP.