Small booming hydrocarbon exporting countries are very often challenged to utilize their economic windfall to transform their economies and improve the living conditions for their citizens. Both the transformation of the economy and the improvement of living conditions require the timely and cost effective construction of medium to large scale infrastructure and commercial projects. Such projects bring into focus the construction sector of these countries.

The Organization of Eastern Caribbean States (OECS) has recognized the importance of developing its human capital base as part of its strategy for sustainable economic development. As such, OECS member countries have collectively embarked on education reform. Human capital formation is derived from a production function engaging monetary inputs and as such, the production of human capital must be undertaken giving much thought to the financial constraints.