Study On Management Of International Project Contracting Joint Venture

The thesis puts forwards the necessity of applying the joint venture in project contracting after analyzing the effect on the domestic and international construction markets of China with its entry of WTO, comparing the advantages and disadvantages of Chinese and foreign construction enterprises and describing the development of bigger scale, more specialties involved and higher standards in construction contracting market. In the thesis the author analyzes the concept, litigants, character of law, characteristics, causes and types of construction contracting joint venture. The paper studies the core parts of joint venture implementation such as objectives, principles, partner selection, organization and JV agreement and puts forwards certain standards, principles and steps for the establishment of joint venture. After exposing the internal relations of competition and cooperation among the parties of the joint venture the author studies the management of joint venture from internal aspects and project management through the aspects of maintaining trust, creating internal culture, managing internal resources and managing the major element of joint venture together with the process of joint venture. Then the author attains importance on description two new cooperative modes in the world -----Partnering and Alliancing ----and analyzes and exposes the trend of contracting joint venture on the market of international contracting projects. Finally in the thesis the author proposes the strategies of Chinese construction enterprises'establishing joint venture, implementing joint venture, being on the new position of international contracting project's market and gives beneficial ideas about the application of project contracting joint venture in order that Chinese construction enterprises are plowing in the market of international contracting projects.