Abstract:

With the economic globalization growing at a rapid pace over the past years, the international joint ventures (IJVs) have been popular increasingly in a large number of countries, as well as many industries. Differentiating from the majority of past literatures that focused on the IJVs between developed and developing nations, this study conducts the research on the integrated IJVs in Malaysia’s construction industry created by two emerging economies, Malaysia and China. The main aim of this paper is to identify the factors affecting decisions making in Malaysia-China construction joint venture projects, which ultimately have negative effects on projects performance. Quantitative approach was deployed to carry out this study. As results, it is found that those IJV projects are adversely influenced mainly by the political and macroeconomic condition, culture distance, incomplete JV contract, inappropriate structure, experience shortage, poor inter-partner relation, financial and human resources management, incompatibility etc.