Uploaded on 2020-07-04 by JASMIN JOSE

Globalization is a term used to describe how trade and technology have made the world into a more connected and interdependent place.Globalisation happens in building construction.For the construction industries of developing countries, globalization: o plays a significant role in the development process o enhances the industry performance by the presence of foreign contractors o presents joint ventures as the most appropriate mode of operation particularly for major projects for which international contractors alone have the capability and capacity Globalisation has advantages and some disadvantages.