Journal
JOURNAL OF CONSTRUCTION ENGINEERING AND MANAGEMENT-ASCE
Volume 127, Issue 4, Pages 300-308Publisher
ASCE-AMER SOC CIVIL ENGINEERS
DOI: 10.1061/(ASCE)0733-9364(2001)127:4(300)
Keywords
-
Ask authors/readers for more resources
The world economy is becoming more global due to agreements such as the Uruguay Round in the General Agreement on Tariffs and Trade. The globalization of the construction industry provides tremendous opportunities for contractors to expand into new foreign markets. However, international construction involves all of the uncertainties common to domestic construction projects as well as risks specific to international transactions. Consequently, in opposition to the worldwide globalization trend, only 19% of the U.S. top 400 contractors actively seek international contracts. This paper discusses current approaches related to entry decisions into international construction markets. It then develops a comprehensive approach for making stable and systematic go/no-go decisions for international projects. Finally, a pilot study is used to demonstrate and validate the approach.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available