Factors Affect Competitiveness of Ethiopian Local Construction Companies, the Case of Some Selected Local Companies
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Date
2024-05-20
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A.A.U
Abstract
Due to rapid population growth and fast urbanization, the demands of infrastructure and other types of construction increases in Ethiopian. As result of this, large number of local and international constructions companies involved in Ethiopian construction industry. But, local construction companies are poor competitive in local construction market. Thus, “the main objective of this study” was identifying the factors affect competitiveness of local construction companies in Ethiopia. Descriptive and explanatory research design and quantitative research approach were used in this study. Adopted 76 structured items used for collecting primary data. Convenience sampling techniques were used for infinite population of 384 respondents. The reliability of the dependent variables was 0.844. Ranked the items were using relative importance index (RII). Based on descriptive statistical analysis and weighted average mean out of these 72 items, 51 items or (70.83%) were extremely significant, 21items (29.17%) were strongly significant competitiveness of local construction companies. Foreign or international construction companies have an ample of experience in the sector. So, put a strategy how to use or change these experiences to national level and enhance competitiveness of local construction company.