A collection of carefully selected papers from the International Conference on Multi-National Joint Ventures for Construction Works held in varying locations within the Asia Pacific region, this book endeavours to report the theory and practice of contract and contract formation, governance, performance and risk in joint ventures.

Introduction Part 1: Contract -What are the terms and conditions those parties in a joint venture for construction works agree on? -General contractors' perception towards collaboration with specialty contractors -Partner selection for international joint ventures based on fuzzy approach -Strategic implementation of international joint venture in Taiwan: a case study on Taiwan High Speed Rail Corp Part 2: Governance -Construction joint ventures in the project coalition: a conceptual framework -Administrative structures of construction joint ventures in Thailand -Corruption and contract governance construction projects in developing countries -Application of environmentally-conscious contract law to a PFI project -Payment deductions in PFI projects -The application of BOT contract by Majlis Agama Wilayah Persekutan Malaysia (MAIWP) in developing wagf land -Why do contractors sub-contract work to sub-contractors? -International labour movement and welfare effects: Malaysia as a case study -Using alternative dispute resolution for managing disputes in joint venture projects in Malaysia Part 3: Performance and Risk -Technological matching and economic value of performance specification in public procurement -Investigation on the influence factors of international joint venture performance on land development in Taiwan -Developing reflexive capability for successful joint ventures between Australasian and Malaysian property and construction professionals -Relational finance in project finance -Application of target cost contracting in the construction industry of Hong Kong -Risk sharing in joint ventures -The moral hazard issues in PPP projects