Is the law losing interest in construction?
Authors
Citation
Building journal Hong Kong China, Jan, 2001, pp. 24-25
Abstract
Interest is a fact of life in the world of business, and the construction industry of Hong Kong is no exception. Contractors often borrow working capital from banks in order to finance their construction operations and invariably have to pay interest on these borrowings. Contractors are therefore highly dependent upon regular interim payments from employers during the course of construction to help discharge the debt so accrued.
Description
Subject
Type
Article
Format
Date
2001
Language
en