<?xml version="1.0" encoding="UTF-8"?><!DOCTYPE article  PUBLIC "-//NLM//DTD Journal Publishing DTD v3.0 20080202//EN" "http://dtd.nlm.nih.gov/publishing/3.0/journalpublishing3.dtd"><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" dtd-version="3.0" xml:lang="en" article-type="research article"><front><journal-meta><journal-id journal-id-type="publisher-id">AJIBM</journal-id><journal-title-group><journal-title>American Journal of Industrial and Business Management</journal-title></journal-title-group><issn pub-type="epub">2164-5167</issn><publisher><publisher-name>Scientific Research Publishing</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.4236/ajibm.2014.47042</article-id><article-id pub-id-type="publisher-id">AJIBM-47651</article-id><article-categories><subj-group subj-group-type="heading"><subject>Articles</subject></subj-group><subj-group subj-group-type="Discipline-v2"><subject>BUSINESS &amp; ECONOMICS</subject></subj-group></article-categories><title-group><article-title>Research on Metallurgical Project Design and Practices: Case Study CCTEC Co. Ltd.</article-title></title-group><contrib-group><contrib contrib-type="author" xlink:type="simple"><name name-style="western"><surname>Kamonja</surname><given-names>Giron</given-names></name><xref ref-type="aff" rid="aff1"><sup>1</sup></xref><xref ref-type="corresp" rid="cor1"><sup>*</sup></xref></contrib><contrib contrib-type="author" xlink:type="simple"><name name-style="western"><surname>Liang</surname><given-names>Yan</given-names></name><xref ref-type="aff" rid="aff1"><sup>1</sup></xref></contrib><contrib contrib-type="author" xlink:type="simple"><name name-style="western"><surname>Yangping</surname><given-names>Zhao</given-names></name><xref ref-type="aff" rid="aff2"><sup>2</sup></xref></contrib><contrib contrib-type="author" xlink:type="simple"><name name-style="western"><surname>Muhammad</surname><given-names>Tayyab Sohail</given-names></name><xref ref-type="aff" rid="aff3"><sup>3</sup></xref><xref ref-type="corresp" rid="cor1"><sup>*</sup></xref></contrib></contrib-group><aff id="aff2"><addr-line>International Education College, China University of Geosciences, Wuhan, China</addr-line></aff><aff id="aff1"><addr-line>School of Economic and Management, China University of Geosciences, Wuhan, China</addr-line></aff><aff id="aff3"><addr-line>School of Public Administration, China University of Geosciences, Wuhan, China</addr-line></aff><author-notes><corresp id="cor1">* E-mail:<email>gkamonja2001@yahoo.fr(KG)</email>;<email>tayyabsohail@yahoo.com(MTS)</email>;</corresp></author-notes><pub-date pub-type="epub"><day>09</day><month>07</month><year>2014</year></pub-date><volume>04</volume><issue>07</issue><fpage>345</fpage><lpage>354</lpage><history><date date-type="received"><day>20</day>	<month>May</month>	<year>2014</year></date><date date-type="rev-recd"><day>10</day>	<month>June</month>	<year>2014</year>	</date><date date-type="accepted"><day>3</day>	<month>July</month>	<year>2014</year></date></history><permissions><copyright-statement>&#169; Copyright  2014 by authors and Scientific Research Publishing Inc. </copyright-statement><copyright-year>2014</copyright-year><license><license-p>This work is licensed under the Creative Commons Attribution International License (CC BY). http://creativecommons.org/licenses/by/4.0/</license-p></license></permissions><abstract><p>
	This paper discerns the
socio-economic interests and environmental impacts generated by the projects of
an industrial nature. Research has highlighted the traditional approach adoption
that neglects the impact assessment of which environmental issues are causing in-depth
imbalance between economic growth and environmental disaster threatening human life.
The sustainable development principle requires the equitable distribution of the
newly created wealth owing to economic growth in social and environmental fields.
Hence, a new approach in accordance with the requirements of sustainable development
should be recommended from the projects’ design until their terms. This paper discusses
the major challenges in the context of reorient to construction projects both in
a conception stage than in the execution progress according to the sustainable development
principle. An approach to this case study is the research method advocated. Traceability
analysis and especially the followed of products sold by CCTEC Co. Ltd. have enabled
to bring out on the one hand the four projects induced by products CCTEC Co. Ltd.:
residential, public sector, industry and trade the other hand to measure the performance
attributed by these projects. Research results show that economic performance is
largely award winning without much concern to social and environmental performance.
This situation suggests the revision of product design and production traceability
in accordance with the sustainability of the project.
</p></abstract><kwd-group><kwd>Project Design</kwd><kwd> Management Practice</kwd><kwd> Sustainable Development</kwd></kwd-group></article-meta></front><body><sec id="s1"><title>1. Introduction</title><p>Metallurgical Design Project concerns interactions, integrations and significant relationships in socio-economic systems [<xref ref-type="bibr" rid="scirp.47651-ref1">1</xref>] . By doing reference to the metallurgical business, it contributes more through supplying the capital goods and materials needed for construction [<xref ref-type="bibr" rid="scirp.47651-ref2">2</xref>] . Sustainable development requires the basic infrastructure implementation which most materials are at the metals origin. The increase in demand for goods derived from metals at market directly causes the existence of the additional demand [<xref ref-type="bibr" rid="scirp.47651-ref3">3</xref>] . Faced with an imbalance between supply and demand, the firm’s behavior is often to revise the prices upwards. The increase in production volume by competitors, enable to balance supply and demand in the market [<xref ref-type="bibr" rid="scirp.47651-ref2">2</xref>] [<xref ref-type="bibr" rid="scirp.47651-ref3">3</xref>] . Additional production has enabled to satisfy the additional demand; thus, the market price is the equilibrium price. Indeed, all stakeholders in the market draw from profits. This is a schema which the result leads of win-win outcome. The company withdrawn more profit when there is an imbalance between supply and demand; the price subsequently soared [<xref ref-type="bibr" rid="scirp.47651-ref4">4</xref>] . On the consumer side, they receive gains occasioned by the difference between the price at which the consumer is willing to buy and the equilibrium price [<xref ref-type="bibr" rid="scirp.47651-ref4">4</xref>] [<xref ref-type="bibr" rid="scirp.47651-ref5">5</xref>] . Other studies address the importance of Corporate Social Responsibility (CSR) especially in the process of promoting sustainable development [<xref ref-type="bibr" rid="scirp.47651-ref6">6</xref>] . Indeed, CSR is rather focused on ethical behavior related to three components: environment, society and economy [<xref ref-type="bibr" rid="scirp.47651-ref7">7</xref>] . When the heavy or processing companies are going to proceed in production, they often set up a CSR policy before all the operations, in order to deal with negative externalities caused by the production. CSR is known as a means enabling to repair the damage from the exploitation and/or production towards the environment and increase in value the social dimension that is often overlooked [<xref ref-type="bibr" rid="scirp.47651-ref6">6</xref>] [<xref ref-type="bibr" rid="scirp.47651-ref7">7</xref>] .</p><p>Promoting metallurgical project encourages sustainable construction activities. Products quality improvement is at the origin of design research in the production units [<xref ref-type="bibr" rid="scirp.47651-ref8">8</xref>] . This means that the products quality determination destined for selling is the result of the design study undertaken. Upstream research considers products design and this design that has been designed beforehand will be defined by the quality of materials or capital goods after having followed the production process [<xref ref-type="bibr" rid="scirp.47651-ref9">9</xref>] . A product differs from another by its quality. This one is considered as an indicator choice for the client. Before embarking on the purchase, the customer first examines the product quality which he intends to buy. This amounts to saying that the buyers’ choice focus on the quality preference and it will then be lead to take the decision to purchase [<xref ref-type="bibr" rid="scirp.47651-ref8">8</xref>] . Sales improvement of the company is resulting from increasing units’ number of products sold at market. Given that the cut-throat competition, it is difficult to increase the volume of products sold from one year to another. Indeed, in order to reach this challenges, the company must remain competitive in front its competitors [<xref ref-type="bibr" rid="scirp.47651-ref10">10</xref>] . Products quality improvement is an effective tool to ensure the pace of competition in the international market [<xref ref-type="bibr" rid="scirp.47651-ref8">8</xref>] [<xref ref-type="bibr" rid="scirp.47651-ref10">10</xref>] . Turnover improvement implies that the company has increased profits. This situation gives rise to a positive externality in the context of the sustainable development process. Promoting sustainable construction practice is the result of increase in new values created after increasing profit. The total of added value determines the Gross Domestic Product (GDP) which ends in economic performance [<xref ref-type="bibr" rid="scirp.47651-ref11">11</xref>] . The latter provides the necessary means within the framework to pursue a balance in the social and environmental fields. Various methods likely to reduce the pollution generated by the factory production have been made; the prevention of waste production constitutes a way that involves less damage to the environment [<xref ref-type="bibr" rid="scirp.47651-ref12">12</xref>] .</p><p>Always in order to reduce the damage risk caused by the economic growth to the environment level, the current trend of large company producing capital goods and equipment materials converges towards recycling waste in the production of materials and equipment [<xref ref-type="bibr" rid="scirp.47651-ref11">11</xref>] [<xref ref-type="bibr" rid="scirp.47651-ref12">12</xref>] . Waste reusing processed into raw materials and then used again in the component of the production factors combination is very beneficial not only to society but also very profitable to the company [<xref ref-type="bibr" rid="scirp.47651-ref13">13</xref>] . Metallurgical project design is a vector for innovation in all sectors including sustainable construction. One cannot imagine the innovation without to pass by the design study. Technical progress and technological development enable to promote an upward evolution within the framework of the products design [<xref ref-type="bibr" rid="scirp.47651-ref14">14</xref>] . The companies offer materials and equipment goods with high technology responding innovation policy required by the sustainable development without compromising the environment. However, it is clear that the concept of sustainability is oriented generally in the construction sector; the sustainability research can cause a conflict between environmental benefits in long term and operational economic objectives in short-term [<xref ref-type="bibr" rid="scirp.47651-ref15">15</xref>] . The sustainable development philosophy consists generally to meet the basic needs of the population and to respond the aspirations of the well-being of everyone without compromising nevertheless to expand the possibility to guarantee a better life for future generations [<xref ref-type="bibr" rid="scirp.47651-ref16">16</xref>] . Promote future generations requires the</p><p>control of the tripartite balance, balance of environmental protection, economic development and social development. The three components that make up sustainable development: environmental protection, economic development and social development necessitate the money to engage investment projects in these three respective fields [<xref ref-type="bibr" rid="scirp.47651-ref15">15</xref>] [<xref ref-type="bibr" rid="scirp.47651-ref16">16</xref>] . In this sense, some studies have suggested that the adoption of sustainability principles in the process of implementation of construction projects can contribute to profit making [<xref ref-type="bibr" rid="scirp.47651-ref17">17</xref>] . It is particularly very important to adopt the principle of conducting a project design study. The purpose of this study is to design directly consumable products that exactly meet to the trend of customers at market level [<xref ref-type="bibr" rid="scirp.47651-ref18">18</xref>] . On the other side, it also enables to assess the likely estimate on the quality of metallurgical products which the markets have needed but also especially to calculate approximately the damage cost generated during production, properly speaking. Indeed, strategies such as CSR are proposed to implement sustainable practices [<xref ref-type="bibr" rid="scirp.47651-ref19">19</xref>] . Therefore, design studies projects are often conducted in advance for having a better understanding on the one part and then to facilitate reaching the expected objectives: acquiring durability in the process of sustainable development including the implementation of construction project is a major part [<xref ref-type="bibr" rid="scirp.47651-ref20">20</xref>] . Project design implementation is often preceded by a feasibility study. The project success will be conditioned by a perfect conclusion of design and construction. However, it is difficult to pretend to land at a good realization when the feasibility study which was undertaken is not effective. Traditionally, the project feasibility study is focused on financial issues. It is a question of calculating the output investment rate, of estimating the imbalance between supply and demand quantity available in order to deduct the additional demand quantity, and finally of assessing the competition weight in the traditional market and the integration cost in the new markets [<xref ref-type="bibr" rid="scirp.47651-ref19">19</xref>] . It is clear that the feasibility study is a pet hate for the designing success indeed of the developing project [<xref ref-type="bibr" rid="scirp.47651-ref20">20</xref>] . It indicates the purely technical aspects which understanding is complicated by a simple lecture. Nevertheless, it is the most important stage; having committed mistakes at this stage might be permanently handicapping the project’s performance even fatally. A feasibility study upstream considered adequate and effective is just a set of financial projections that may have repercussions downstream on the market-driven strategic plan and a roadmap for all subsequent decisions.</p><p>Given that sustainable development is the result of the improvement of sustainable economic growth, indeed, the promotion of sustainability has become increasingly important in various sectors of activity. One is particularly in levels of production units operating within companies. As most production at factories give off toxic waste that will harm the atmosphere, rivers, sea etc. finally, human life is threatened [<xref ref-type="bibr" rid="scirp.47651-ref21">21</xref>] . Ultimately, the aim of promoting the social and economic issues has become the vector potential threatening environmental issues in the current practice of the project construction [<xref ref-type="bibr" rid="scirp.47651-ref22">22</xref>] . This fact leads us directly to introduce the assessment of the environmental impact in the study design project whose objective is to recommend the repair of damage caused during production [<xref ref-type="bibr" rid="scirp.47651-ref23">23</xref>] . Undoubtedly, economic agents especially those working in heavy industries and processing industries such as the case of CCTEC Co. Ltd. are polluters, and it has widely reported and heavily criticized by environmentalists [<xref ref-type="bibr" rid="scirp.47651-ref21">21</xref>] [<xref ref-type="bibr" rid="scirp.47651-ref24">24</xref>] . The tasks division is clear and sharp. The government sets the environmental protection policy and ensures the implementation of the related activities with Non-Governmental Organizations concerned. Companies are a part of the mechanism propulsion economic development. The government encourages them to increase investment so that there is an annual increase of newly created wealth [<xref ref-type="bibr" rid="scirp.47651-ref25">25</xref>] . Given that the primary objective of the company is to maximize profit, thus they have the tradition of focusing on controlling fixed costs such as salaries, production costs and the production cycle duration along with the quality of products [<xref ref-type="bibr" rid="scirp.47651-ref26">26</xref>] . Despite certain studies, propose solutions to minimize distortion of the environment, environmental and social performances remain still precarious in China [<xref ref-type="bibr" rid="scirp.47651-ref16">16</xref>] [<xref ref-type="bibr" rid="scirp.47651-ref21">21</xref>] [<xref ref-type="bibr" rid="scirp.47651-ref23">23</xref>] . The increase in the allocation for CSR is difficult to imagine, therefore it is still limited. This limitation is the origin of industry culture centered on profit where cost, quality and schedule were key factors to ensure super profit [<xref ref-type="bibr" rid="scirp.47651-ref27">27</xref>] . Actually, China is the country of destination of American and European industrialists to set up annex industries. The industry transfer is doing so in order to making profit owing to cheapest labor in the country [<xref ref-type="bibr" rid="scirp.47651-ref28">28</xref>] . It also reduces the risk of environmental degradation in the United States and Europe in order to escape the climatic problem generated by climate change. Indeed, the industry activities in China have resulted in economic boom; the economy experienced a marked improvement after the increase in job creation [<xref ref-type="bibr" rid="scirp.47651-ref25">25</xref>] . This one contributes in improving endogenous income redistribution; each household could increase its consumption level through his salary [<xref ref-type="bibr" rid="scirp.47651-ref29">29</xref>] . A significant improvement was also noted at the public treasury due to an increase in tax revenue and especially the increase in foreign currencies reserves at the central bank due to the overwhelming influence of international trade [<xref ref-type="bibr" rid="scirp.47651-ref30">30</xref>] . This ensures the stability of the Chinese money Yuan or appreciation of its value [<xref ref-type="bibr" rid="scirp.47651-ref31">31</xref>] [<xref ref-type="bibr" rid="scirp.47651-ref32">32</xref>] . The preponderance of export is the origin the development of Foreign Domestic Investment (FDI) [<xref ref-type="bibr" rid="scirp.47651-ref28">28</xref>] . However, secondary effects were registered during industrial activities such as environmental pollution, resource waste, security issues and the public interest [<xref ref-type="bibr" rid="scirp.47651-ref21">21</xref>] [<xref ref-type="bibr" rid="scirp.47651-ref23">23</xref>] [<xref ref-type="bibr" rid="scirp.47651-ref24">24</xref>] . These problems mentioned have major incidence in the context of implementing the principles of sustainable development in China [<xref ref-type="bibr" rid="scirp.47651-ref16">16</xref>] [<xref ref-type="bibr" rid="scirp.47651-ref21">21</xref>] . In fact, there is a contrast which manifests itself between better environmental protection and current practice of the investment project. Therefore, this paper aims to examine the current practice of conducting research on the design of the project by taking the case of CCTEC Co. Ltd.</p></sec><sec id="s2"><title>2. Research Methodology</title><p>To provide heated discussions and in-depth understanding of this research, a case study approach has been chosen to illustrate the study. From September to December 2013 period of my internship in CCTEC Co. Ltd, I had an opportunity to conduct an inventory of sales register during four commercial years 2008 to 2011. Indeed, 158 machinery units (such as Billet CCM, Bloom &amp; Round CCM and Slab CCM) were purchased by Iron &amp; Steel and Equipment &amp; Engineering companies, which selling classification is as follows: 52 units in residential projects (PI), 50 units in the public sector projects (PII), 37 units in the industrial projects (PIII) and 19 units in the commercial projects (PIV). Both type of companies whose economic function is to provide construction materials and equipment goods, stimulate a snowball effect on various projects enumerated above. The interview with Financial Manager enables to obtain first-hand information on the practice of conducting study regarding the impact on socio-economic and environmental issues. The examination of these cases in Hubei and Guangdong provinces leads to understanding on what and how CCTEC Co. Ltd. was attributed through Iron &amp; Steel and Equipment &amp; Engineering companies within the current framework of promoting sustainable development. Therefore, the analysis cannot be given whether these attributes are correct or sufficient for the sustainable development principle implementation. Challenges can reveal for the practical implementing of sustainable construction in China. The protection of local processing companies should be strengthened in order to accelerate the mutation process towards the sustainable development principle while highlighting areas that have not been given attention. Measures should be taken to improve the weak points.</p></sec><sec id="s3"><title>3. Results and Analysis</title><p>The production of capital goods by metallurgical company contributes largely to the achievement of various projects. The contribution degree can be measured by examining the factors or attributes provided by these capital goods supplied in relation to the expected result. These attributes can be viewed in three main areas: namely economic performance attributes, social performance attributes and environmental performance attributes. This paper was shown the attributes importance in each domain with the reference to the Chinese context.</p><sec id="s3_1"><title>3.1. Economic Performance Attributes</title><p>Economic performance attributes (EPAs) are used for assessing the economic performance generated by investment activities. These attributes are served within the framework to estimate market availability, project financing and economic benefits provided by the implementation of the investment project [<xref ref-type="bibr" rid="scirp.47651-ref1">1</xref>] [<xref ref-type="bibr" rid="scirp.47651-ref5">5</xref>] [<xref ref-type="bibr" rid="scirp.47651-ref15">15</xref>] . By examining the commercial documents (tender documents, call for manifestation interest) and survey reports, a list of EPAs were taken into account shown in <xref ref-type="table" rid="table1">Table 1</xref>.</p><p>The application of these attributes in the surveyed projects varies significantly. <xref ref-type="table" rid="table2">Table 2</xref> provides statistical summary on the application of various attributes (EPAs) for assessing economic performance in metallurgical project study of EPAs in the four types of surveyed projects.</p><p><xref ref-type="table" rid="table2">Table 2</xref> indicates that 94% of surveyed residential projects take into account EPA<sub>4</sub> “market forecast”. However, this rise EPA<sub>4</sub> “market forecast” cannot guarantee successful investments, since there are only half of the projects considered EPA<sub>14</sub> “finance risk assessment, EPA<sub>15</sub>” return on investment”, EPA<sub>16</sub> “net present value”. It is found that a good attention should determine the market reality on the future conducting of residential projects realization. The minimization of risk assessment is causing the decline in percentage EPA<sub>15</sub> and EPA<sub>16</sub>.</p><p>Concerning the projects in the public sector areas, the preliminary study presents 98% exactly meeting market expectations, EPA<sub>3</sub> “demand and supply analysis” however; there are only 3% of the surveyed projects implemented EPA<sub>6</sub> “market competition”. It is indispensable to review the market need for potential projects in the public sector. In China, the government is the prime contractor for all public works. This leads to unfair competition towards the private sector, from where poor consideration is given to market competition.</p><table-wrap id="table1"  position="float"><object-id pub-id-type="pii">Table 1</object-id><label>Table 1</label><caption><p>. Attributes in metallurgical project</p></caption><table><thead><tr><th align="center" valign="middle" >Economic performance attributes</th><th align="center" valign="middle" ></th></tr></thead><tbody><tr><td align="center" valign="middle" >EPA<sub>1</sub>: Governmental strategic development policy</td><td align="center" valign="middle" >EPA<sub>10</sub>: Financing channels</td></tr><tr><td align="center" valign="middle" >EPA<sub>2</sub>: Tax policy</td><td align="center" valign="middle" >EPA<sub>11</sub>: Investment plan</td></tr><tr><td align="center" valign="middle" >EPA<sub>3</sub>: Demand and supply analysis</td><td align="center" valign="middle" >EPA<sub>12</sub>: Life cycle cost</td></tr><tr><td align="center" valign="middle" >EPA<sub>4</sub>: Market forecast</td><td align="center" valign="middle" >EPA<sub>13</sub>: Life cycle profit</td></tr><tr><td align="center" valign="middle" >EPA<sub>5</sub>: Project function and size</td><td align="center" valign="middle" >EPA<sub>14</sub>: Finance risk assessment</td></tr><tr><td align="center" valign="middle" >EPA<sub>6</sub>: Market competition</td><td align="center" valign="middle" >EPA<sub>15</sub>: Return on investment (ROI)</td></tr><tr><td align="center" valign="middle" >EPA<sub>7</sub>: Location advantage</td><td align="center" valign="middle" >EPA<sub>16</sub>: Net present value (NPV)</td></tr><tr><td align="center" valign="middle" >EPA<sub>8</sub>: Technology advantage</td><td align="center" valign="middle" >EPA<sub>17</sub>: Pay-back period</td></tr><tr><td align="center" valign="middle" >EPA<sub>9</sub>: Budget estimate</td><td align="center" valign="middle" >EPA<sub>18</sub>: Internal rate of return (IRR)</td></tr><tr><td align="center" valign="middle" >Social performance attribute </td><td align="center" valign="middle" ></td></tr><tr><td align="center" valign="middle" >SPA<sub>1</sub>: Influence to the local social development</td><td align="center" valign="middle" >SPA<sub>6</sub>: Safety standards</td></tr><tr><td align="center" valign="middle" >SPA<sub>2</sub>: Provision capacity of employment</td><td align="center" valign="middle" >SPA<sub>7</sub>: Improvement to the public health</td></tr><tr><td align="center" valign="middle" >SPA<sub>3</sub>: Provision capacity of public services</td><td align="center" valign="middle" >SPA<sub>8</sub>: Increase in consumption level</td></tr><tr><td align="center" valign="middle" >SPA<sub>4</sub>: Provision capacity of public infrastructure facilities</td><td align="center" valign="middle" >SPA<sub>9</sub>: Improvement to standards of living</td></tr><tr><td align="center" valign="middle" >SPA<sub>5</sub>: Improvement to wellbeing</td><td align="center" valign="middle" ></td></tr><tr><td align="center" valign="middle" >Environmental performance attributes</td><td align="center" valign="middle" ></td></tr><tr><td align="center" valign="middle" >EnPA<sub>1</sub>: Eco-environmental sensitivity of the project location</td><td align="center" valign="middle" >EnPA<sub>4</sub>: Noise assessment</td></tr><tr><td align="center" valign="middle" >EnPA<sub>2</sub>: Air impacts</td><td align="center" valign="middle" >EnPA<sub>5</sub>: Waste assessment</td></tr><tr><td align="center" valign="middle" >EnPA<sub>3</sub>: Water impacts</td><td align="center" valign="middle" >EnPA<sub>6</sub>: Environmental friendly design</td></tr><tr><td align="center" valign="middle" ></td><td align="center" valign="middle" >EnPA<sub>7</sub>: Energy consumption performance</td></tr></tbody></table></table-wrap><p>About the industrial projects, around 97% of surveyed industrial project implemented EPA<sub>9</sub> “budget estimate”, however there exist only approximately less than 50% of the surveyed projects implemented EPA<sub>6</sub> “market competition” and EPA<sub>14</sub> “finance risk assessment”. It appears that the budget availability is a condition sine qua non to start the industrial projects development. It is noted elsewhere little attention is manifested to competition services and risk assessment. This phenomenon is explained by an increase in the marginal substitution rate whose the price is very competitive (<xref ref-type="table" rid="table1">Table 1</xref>).</p><p>In examining commercial projects, approximately 95% of surveyed projects implemented EPA<sub>5</sub> “project function and size” it has only 21% of surveyed project implemented EPA<sub>6</sub> “market competition” in the documents found. It is judicious to clarify that making decision on the project development is a function of the evaluation of function and size of said commercial project. Furthermore, it is important to note that little attention is given to the competition animation concerning the development of commercial project.</p></sec><sec id="s3_2"><title>3.2. Social Performance Attributes</title><p>Social development is part of indicators that measure social performance generated by the exponential pace of economic growth which the origin of this speed is nothing but the resultant of increase in the investment rate [<xref ref-type="bibr" rid="scirp.47651-ref11">11</xref>] [<xref ref-type="bibr" rid="scirp.47651-ref12">12</xref>] [<xref ref-type="bibr" rid="scirp.47651-ref15">15</xref>] . By focusing on the examination surveyed feasibility studies reports, a list of SPAs was enumerated in <xref ref-type="table" rid="table1">Table 1</xref>. The application of these attributes in the four types of projects studied varies randomly. <xref ref-type="table" rid="table2">Table 2</xref> provides a statistical summary concerning the percentage change of social performance. It is noticed that the private sector has not intervened significantly to social performance. It focuses on the business which primary objective is to realize the maximum profit. Indeed, although the residential project has influences on local development but the result remains precarious, SPA<sub>2</sub> “provision capacity of employment”, EPA₃ “provision capacity of public services” and SPA<sub>4</sub> “capacity provision of public infrastructure facilities” have no effect on SPA<sub>7</sub> “Improvement to the public health”, SPA<sub>8</sub> “Increase in consumption level” and SPA₉“Improvement to standard of living”. It is the same for the industrial project. Admittedly SPA<sub>2</sub> “provision capacity of employment” might influence SPA<sub>8</sub> “increase in consumption level” and SPA<sub>9</sub> “improvement to standard of living”, but it should not forget that</p><table-wrap id="table2"  position="float"><object-id pub-id-type="pii">Table 2</object-id><label>Table 2</label><caption><p>. Demand of attributes in metallurgical PI-residential; PII-public sector; PIII-industrial; PIV-commercial; R-demand rate</p></caption><table><thead><tr><th align="center" valign="middle" >Attributes</th><th align="center" valign="middle" >PI (max: 52)</th><th align="center" valign="middle" >RI (%)</th><th align="center" valign="middle" >PII  (max: 50)</th><th align="center" valign="middle" >RII (%)</th><th align="center" valign="middle" >PIII  (max: 37)</th><th align="center" valign="middle" >RIII (%)</th><th align="center" valign="middle" >PIV  (max: 19)</th><th align="center" valign="middle" >RIV (%)</th></tr></thead><tbody><tr><td align="center" valign="middle" >EPA1: Governmental strategic  development policy</td><td align="center" valign="middle" >43</td><td align="center" valign="middle" >82</td><td align="center" valign="middle" >32</td><td align="center" valign="middle" >64</td><td align="center" valign="middle" >31</td><td align="center" valign="middle" >84</td><td align="center" valign="middle" >8</td><td align="center" valign="middle" >42</td></tr><tr><td align="center" valign="middle" >EPA2: Tax policy</td><td align="center" valign="middle" >46</td><td align="center" valign="middle" >88</td><td align="center" valign="middle" >34</td><td align="center" valign="middle" >68</td><td align="center" valign="middle" >18</td><td align="center" valign="middle" >49</td><td align="center" valign="middle" >14</td><td align="center" valign="middle" >73</td></tr><tr><td align="center" valign="middle" >EPA3: Demand and supply analysis</td><td align="center" valign="middle" >47</td><td align="center" valign="middle" >90</td><td align="center" valign="middle" >49</td><td align="center" valign="middle" >98</td><td align="center" valign="middle" >34</td><td align="center" valign="middle" >92</td><td align="center" valign="middle" >11</td><td align="center" valign="middle" >58</td></tr><tr><td align="center" valign="middle" >EPA4: Market forecast</td><td align="center" valign="middle" >49</td><td align="center" valign="middle" >54</td><td align="center" valign="middle" >54</td><td align="center" valign="middle" >54</td><td align="center" valign="middle" >30</td><td align="center" valign="middle" >81</td><td align="center" valign="middle" >16</td><td align="center" valign="middle" >82</td></tr><tr><td align="center" valign="middle" >EPA5: Project function and size</td><td align="center" valign="middle" >48</td><td align="center" valign="middle" >92</td><td align="center" valign="middle" >42</td><td align="center" valign="middle" >84</td><td align="center" valign="middle" >31</td><td align="center" valign="middle" >83</td><td align="center" valign="middle" >18</td><td align="center" valign="middle" >95</td></tr><tr><td align="center" valign="middle" >EPA6: Market competition</td><td align="center" valign="middle" >43</td><td align="center" valign="middle" >82</td><td align="center" valign="middle" >04</td><td align="center" valign="middle" >08</td><td align="center" valign="middle" >18</td><td align="center" valign="middle" >49</td><td align="center" valign="middle" >04</td><td align="center" valign="middle" >21</td></tr><tr><td align="center" valign="middle" >EPA7: Location advantage</td><td align="center" valign="middle" >36</td><td align="center" valign="middle" >69</td><td align="center" valign="middle" >33</td><td align="center" valign="middle" >66</td><td align="center" valign="middle" >32</td><td align="center" valign="middle" >86</td><td align="center" valign="middle" >14</td><td align="center" valign="middle" >73</td></tr><tr><td align="center" valign="middle" >EPA8: Technology advantage</td><td align="center" valign="middle" >32</td><td align="center" valign="middle" >61</td><td align="center" valign="middle" >32</td><td align="center" valign="middle" >64</td><td align="center" valign="middle" >34</td><td align="center" valign="middle" >91</td><td align="center" valign="middle" >12</td><td align="center" valign="middle" >63</td></tr><tr><td align="center" valign="middle" >EPA9: Budget estimate</td><td align="center" valign="middle" >32</td><td align="center" valign="middle" >61</td><td align="center" valign="middle" >45</td><td align="center" valign="middle" >90</td><td align="center" valign="middle" >36</td><td align="center" valign="middle" >97</td><td align="center" valign="middle" >14</td><td align="center" valign="middle" >73</td></tr><tr><td align="center" valign="middle" >EPA10: Financing channels</td><td align="center" valign="middle" >29</td><td align="center" valign="middle" >55</td><td align="center" valign="middle" >31</td><td align="center" valign="middle" >62</td><td align="center" valign="middle" >26</td><td align="center" valign="middle" >70</td><td align="center" valign="middle" >07</td><td align="center" valign="middle" >37</td></tr><tr><td align="center" valign="middle" >EPA11: Investment plan</td><td align="center" valign="middle" >23</td><td align="center" valign="middle" >44</td><td align="center" valign="middle" >15</td><td align="center" valign="middle" >30</td><td align="center" valign="middle" >23</td><td align="center" valign="middle" >62</td><td align="center" valign="middle" >13</td><td align="center" valign="middle" >68</td></tr><tr><td align="center" valign="middle" >EPA12: Life cycle cost</td><td align="center" valign="middle" >27</td><td align="center" valign="middle" >52</td><td align="center" valign="middle" >11</td><td align="center" valign="middle" >22</td><td align="center" valign="middle" >30</td><td align="center" valign="middle" >81</td><td align="center" valign="middle" >10</td><td align="center" valign="middle" >52</td></tr><tr><td align="center" valign="middle" >EPA13: Life cycle profit</td><td align="center" valign="middle" >26</td><td align="center" valign="middle" >50</td><td align="center" valign="middle" >16</td><td align="center" valign="middle" >32</td><td align="center" valign="middle" >30</td><td align="center" valign="middle" >81</td><td align="center" valign="middle" >09</td><td align="center" valign="middle" >47</td></tr><tr><td align="center" valign="middle" >EPA14: Finance risk assessment</td><td align="center" valign="middle" >28</td><td align="center" valign="middle" >54</td><td align="center" valign="middle" >16</td><td align="center" valign="middle" >32</td><td align="center" valign="middle" >18</td><td align="center" valign="middle" >49</td><td align="center" valign="middle" >06</td><td align="center" valign="middle" >31</td></tr><tr><td align="center" valign="middle" >EPA15: Return on investment (ROI)</td><td align="center" valign="middle" >28</td><td align="center" valign="middle" >54</td><td align="center" valign="middle" >16</td><td align="center" valign="middle" >32</td><td align="center" valign="middle" >25</td><td align="center" valign="middle" >67</td><td align="center" valign="middle" >08</td><td align="center" valign="middle" >42</td></tr><tr><td align="center" valign="middle" >EPA16: Net present value (NPV)</td><td align="center" valign="middle" >28</td><td align="center" valign="middle" >54</td><td align="center" valign="middle" >22</td><td align="center" valign="middle" >44</td><td align="center" valign="middle" >29</td><td align="center" valign="middle" >78</td><td align="center" valign="middle" >08</td><td align="center" valign="middle" >42</td></tr><tr><td align="center" valign="middle" >EPA17: Pay-back period</td><td align="center" valign="middle" >29</td><td align="center" valign="middle" >56</td><td align="center" valign="middle" >22</td><td align="center" valign="middle" >44</td><td align="center" valign="middle" >31</td><td align="center" valign="middle" >83</td><td align="center" valign="middle" >08</td><td align="center" valign="middle" >42</td></tr><tr><td align="center" valign="middle" >EPA18: Internal rate of return (IRR)</td><td align="center" valign="middle" >29</td><td align="center" valign="middle" >56</td><td align="center" valign="middle" >22</td><td align="center" valign="middle" >44</td><td align="center" valign="middle" >31</td><td align="center" valign="middle" >83</td><td align="center" valign="middle" >08</td><td align="center" valign="middle" >42</td></tr><tr><td align="center" valign="middle" >SPA1: Influence to the local social  development</td><td align="center" valign="middle" >05</td><td align="center" valign="middle" >10</td><td align="center" valign="middle" >42</td><td align="center" valign="middle" >84</td><td align="center" valign="middle" >07</td><td align="center" valign="middle" >19</td><td align="center" valign="middle" >10</td><td align="center" valign="middle" >52</td></tr><tr><td align="center" valign="middle" >SPA2: Provision capacity of  employment</td><td align="center" valign="middle" >06</td><td align="center" valign="middle" >11</td><td align="center" valign="middle" >06</td><td align="center" valign="middle" >12</td><td align="center" valign="middle" >07</td><td align="center" valign="middle" >19</td><td align="center" valign="middle" >08</td><td align="center" valign="middle" >42</td></tr><tr><td align="center" valign="middle" >SPA3: Provision capacity of public  services</td><td align="center" valign="middle" >06</td><td align="center" valign="middle" >11</td><td align="center" valign="middle" >26</td><td align="center" valign="middle" >52</td><td align="center" valign="middle" >13</td><td align="center" valign="middle" >08</td><td align="center" valign="middle" >05</td><td align="center" valign="middle" >26</td></tr><tr><td align="center" valign="middle" >SPA4: Provision capacity of public  infrastructure facilities</td><td align="center" valign="middle" >05</td><td align="center" valign="middle" >10</td><td align="center" valign="middle" >24</td><td align="center" valign="middle" >48</td><td align="center" valign="middle" >13</td><td align="center" valign="middle" >08</td><td align="center" valign="middle" >05</td><td align="center" valign="middle" >26</td></tr><tr><td align="center" valign="middle" >SPA5: Improvement to wellbeing</td><td align="center" valign="middle" >05</td><td align="center" valign="middle" >10</td><td align="center" valign="middle" >07</td><td align="center" valign="middle" >14</td><td align="center" valign="middle" >03</td><td align="center" valign="middle" >08</td><td align="center" valign="middle" >03</td><td align="center" valign="middle" >16</td></tr><tr><td align="center" valign="middle" >SPA6: Safety standards</td><td align="center" valign="middle" >00</td><td align="center" valign="middle" >00</td><td align="center" valign="middle" >06</td><td align="center" valign="middle" >12</td><td align="center" valign="middle" >00</td><td align="center" valign="middle" >00</td><td align="center" valign="middle" >07</td><td align="center" valign="middle" >37</td></tr><tr><td align="center" valign="middle" >SPA7: Improvement to the public  health</td><td align="center" valign="middle" >04</td><td align="center" valign="middle" >08</td><td align="center" valign="middle" >06</td><td align="center" valign="middle" >12</td><td align="center" valign="middle" >00</td><td align="center" valign="middle" >00</td><td align="center" valign="middle" >04</td><td align="center" valign="middle" >21</td></tr><tr><td align="center" valign="middle" >SPA8: Increase in consumption level</td><td align="center" valign="middle" >03</td><td align="center" valign="middle" >06</td><td align="center" valign="middle" >06</td><td align="center" valign="middle" >12</td><td align="center" valign="middle" >17</td><td align="center" valign="middle" >46</td><td align="center" valign="middle" >08</td><td align="center" valign="middle" >42</td></tr><tr><td align="center" valign="middle" >SPA9: Improvement to standards of  living</td><td align="center" valign="middle" >03</td><td align="center" valign="middle" >06</td><td align="center" valign="middle" >07</td><td align="center" valign="middle" >14</td><td align="center" valign="middle" >16</td><td align="center" valign="middle" >43</td><td align="center" valign="middle" >06</td><td align="center" valign="middle" >31</td></tr><tr><td align="center" valign="middle" >EnPA1: Eco-environmental sensitivity  of the project location</td><td align="center" valign="middle" >01</td><td align="center" valign="middle" >02</td><td align="center" valign="middle" >15</td><td align="center" valign="middle" >30</td><td align="center" valign="middle" >12</td><td align="center" valign="middle" >32</td><td align="center" valign="middle" >04</td><td align="center" valign="middle" >21</td></tr><tr><td align="center" valign="middle" >EnPA2: Air impacts</td><td align="center" valign="middle" >04</td><td align="center" valign="middle" >28</td><td align="center" valign="middle" >28</td><td align="center" valign="middle" >56</td><td align="center" valign="middle" >26</td><td align="center" valign="middle" >70</td><td align="center" valign="middle" >04</td><td align="center" valign="middle" >21</td></tr><tr><td align="center" valign="middle" >EnPA3: Water impacts</td><td align="center" valign="middle" >04</td><td align="center" valign="middle" >08</td><td align="center" valign="middle" >32</td><td align="center" valign="middle" >64</td><td align="center" valign="middle" >23</td><td align="center" valign="middle" >62</td><td align="center" valign="middle" >07</td><td align="center" valign="middle" >37</td></tr><tr><td align="center" valign="middle" >EnPA4: Noise assessment</td><td align="center" valign="middle" >05</td><td align="center" valign="middle" >10</td><td align="center" valign="middle" >26</td><td align="center" valign="middle" >52</td><td align="center" valign="middle" >23</td><td align="center" valign="middle" >62</td><td align="center" valign="middle" >05</td><td align="center" valign="middle" >26</td></tr><tr><td align="center" valign="middle" >EnPA5: Waste assessment</td><td align="center" valign="middle" >00</td><td align="center" valign="middle" >00</td><td align="center" valign="middle" >28</td><td align="center" valign="middle" >56</td><td align="center" valign="middle" >23</td><td align="center" valign="middle" >62</td><td align="center" valign="middle" >09</td><td align="center" valign="middle" >47</td></tr><tr><td align="center" valign="middle" >EnPA6: Environmental friendly  design</td><td align="center" valign="middle" >00</td><td align="center" valign="middle" >00</td><td align="center" valign="middle" >17</td><td align="center" valign="middle" >34</td><td align="center" valign="middle" >26</td><td align="center" valign="middle" >70</td><td align="center" valign="middle" >00</td><td align="center" valign="middle" >00</td></tr><tr><td align="center" valign="middle" >EnPA7: Energy consumption  performance</td><td align="center" valign="middle" >03</td><td align="center" valign="middle" >06</td><td align="center" valign="middle" >14</td><td align="center" valign="middle" >28</td><td align="center" valign="middle" >20</td><td align="center" valign="middle" >50</td><td align="center" valign="middle" >07</td><td align="center" valign="middle" >37</td></tr></tbody></table></table-wrap><p>CSR is largely insufficient for making face the negative externalities generated by industrial production to be harmful the welfare of population; given that SPA<sub>5</sub> “Improvement to wellbeing” is only 8% and note SPA<sub>6</sub> “Safety standards” along with SPA<sub>7</sub> “improvement to the public health” were recorded. For commercial project, the influence to the local social development is manifested on SPA<sub>6</sub> “safety standards” and SPA<sub>8</sub> “Increase in consumption level”. However, the impact degree is still low, it is therefore necessary to make greater effort within the framework of social performance for the future project. It is right and normal when the government promotes the environment for social performance because this latter is part of the State sovereign function. It is not surprising when there is a local development impulsion. However, the conjugated efforts about SPA<sub>3</sub> “provision capacity of employment” and SPA<sub>4</sub> “provision capacity of public infrastructure facilities” remain insufficient for encouraging SPA<sub>6</sub> “safety standards”, SPA<sub>7</sub> “improvement to the public health” and SPA<sub>8</sub> “increase in consumption level”. Therefore, the difference between the social strata does not stop to dramatize because the rich get richer and the poor get poorer.</p></sec><sec id="s3_3"><title>3.3. Environmental &amp; Social Attributes</title><p>Environmental performance attributes (EnPAs) gather some indicators that measure the variation of environmental performance in respect of industrial projects as well as induced construction projects. Research works in this direction have been conducted [<xref ref-type="bibr" rid="scirp.47651-ref16">16</xref>] [<xref ref-type="bibr" rid="scirp.47651-ref21">21</xref>] . By analyzing surveyed the feasibility reports, a list of EnPAs were drawn up as shown in <xref ref-type="table" rid="table1">Table 1</xref>. A series of respective values of variation were combined during application of these attributes. <xref ref-type="table" rid="table2">Table 2</xref> provides a statistical summary of the application EnPAs in four types of projects surveyed.</p><p><xref ref-type="table" rid="table2">Table 2</xref> also provides detailed information on the proportion of environmental destruction through the values of each attributes. It is found that three major projects (i.e. residential projects, industrial and trade) are among the destructive environmental factors. A great imbalance between EnPA<sub>1</sub> recorded was “eco-environmental sensitivity of the project location” and EnPA<sub>2</sub> “Air impacts”, EnPA<sub>3</sub> “Water impacts” and EnPA<sub>4</sub> “Noise assessment” for these three respective projects. This means that the contribution of economic growth generated by these three projects cannot cover the expenses necessary to repair environmental damage. Worse yet health disorders caused by EnPA<sub>4</sub> “noise assessment” and EnPA<sub>5</sub> “waste assessment”.</p><p>Generally, the pollution effect measure the environmental performance degradation including industrial waste that may affect the air and water. Moreover, previous studies have mentioned that China’s environment suffered greatly by the implementation of many construction projects. Indeed, much remains to be done for the government to make up for current environmental problems. It must at all costs redouble efforts on EnPA<sub>6</sub> “Environmental friendly design” to restore the lost natural landscape and especially more effort to curb different types of pollution threaten human life. It can deduce that the negligence of study environmental impact of different construction project during the two last decades has led to the current state of environmental degradation in China (<xref ref-type="table" rid="table2">Table 2</xref>).</p></sec></sec><sec id="s4"><title>4. Recommendations</title><p>Promoting sustainable development requires stimulate economic growth which it has an induced effect on new expansion of social and environmental issues. Indeed, first of all, the study of socio-economic and environmental impact is irrefutable about industrial or construction projects. This study will discern the economics’ advantages on one hand, and environmental disadvantages induced on the other hand [<xref ref-type="bibr" rid="scirp.47651-ref33">33</xref>] . Research focused on the project implementation such as CCTEC Co. Ltd. should emphasize more on methods that enables for improving the quality of economic performance, social and environmental for the future of the industry practice. This comes down to say that it is time to replace the traditional approach by a new approach which embraces the principles of sustainable development.</p><p>The mutation process towards sustainable development is a long and exacting task; indeed, the government cannot assume to itself the sustainable development principle implementation [<xref ref-type="bibr" rid="scirp.47651-ref34">34</xref>] . Subsequently, everyone’s contribution including population and the private sector is undeniable.</p><sec id="s4_1"><title>4.1. Government</title><p>The government plays an utmost important role in promoting sustainable development. It encourages all income-generating activities that contribute not only to improving fiscal resources but also providing a new impetus to social development [<xref ref-type="bibr" rid="scirp.47651-ref34">34</xref>] [<xref ref-type="bibr" rid="scirp.47651-ref35">35</xref>] . The government fixes policies, laws and regulations which permit regulate the imbalance between economic, social and environmental interests [<xref ref-type="bibr" rid="scirp.47651-ref34">34</xref>] -[<xref ref-type="bibr" rid="scirp.47651-ref36">36</xref>] . Violation of laws and regulations requires the tax penalty payment by the infractions perpetrators. Thus, revenues from duties and taxes and fines will strengthen the state treasury to finance the activities to characters humanitarian.</p></sec><sec id="s4_2"><title>4.2. Clients</title><p>At present, the project leaders must consider about the sustainable development prospects. Indeed, the team of research project must be composed of multidisciplinary researchers including engineers, economists, managers, sociologists, environmentalists etc. The involvement of these different researchers during the design phase of projects takes into account that the said project will be mainly focused on the wellbeing of population. For this purpose, a study is made for mitigating potential impacts on the environment including air impacts, water impacts, noise impacts and waste assessment. Thus, within the framework of the project viability improvement, the clients should not only focus on the economic performance study, but the study should be extended into the social and environmental fields. This implies collaboration with all stakeholders including Non-Governmental Organizations (NGOs) and civil society [<xref ref-type="bibr" rid="scirp.47651-ref35">35</xref>] . Their opinion should be incorporated in conducting project management.</p></sec><sec id="s4_3"><title>4.3. Contractors and Suppliers</title><p>The traditional practice does not provide access to contractors and suppliers as being the best elements to consult during the phase of project design study. However, they have detailed information on methods enabling to reduce environmental influences generated by construction operation [<xref ref-type="bibr" rid="scirp.47651-ref37">37</xref>] . Given that they have enough experience as prime contractor of projects, they can choose the required materials quality or replacement materials in the context of projects sustainability [<xref ref-type="bibr" rid="scirp.47651-ref38">38</xref>] . This sustainability projects perspective produces a feedback on the capital goods quality or materials production to producing factory. Thus, the consideration of contractors and suppliers stakeholders unavoidable might influence on one hand CCTEC Co. Ltd. to proceed a new capital good design or materials production in accordance of requirements of sustainable development principle. On the other hand, they can work together with the company as a partner to find issues on waste generation, air and noise pollution and water pollution.</p></sec></sec><sec id="s5"><title>5. Conclusion</title><p>This paper decrypted economic interest provided by the existence of processing industries. The economic development resurgence is reflected partially in the social field. Indeed, the supply of capital goods and construction materials promotes the basic infrastructure development including the public sector, residential projects, industrial and commercial. However, the implementation of these four projects will not let the environment state remains intact. Analysis on production process practice and especially the followed of the use of products has enabled to set four types of attributes. Seventeen economical, nine social and seven environmental performance attributes were explored from 158 sold machinery. The result attained in the projects has made considerable impulsion on the economic aspect. The economic situation improvement has not significantly impact on everyone life, in contrast, the natural environment state has deteriorated further, which indicates that the distribution of wealth newly created is not fair. Individual factors derive considerable profits at the expense of the population victim of environmental pollution. The traditional approach is lapsed; indeed, it is no longer question to take into account the traditional approach in studies of project design. The use of the new approach is strongly recommended from design in passing by operation until the project is to its terms. 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