4 Construction Challenges When Building In India
Thundering past a threshold of explosive growth, and recently surpassing China as the world’s fastest-growing economy, the country of India has caused major multinational corporations (MNCs) to sit up and take notice. As cited in a December, 2015 Building Design + Construction editorial, a report from Global Construction Perspectives and Oxford Economics now ranks India…
Read MoreGlobal Construction Risks: A Survivor’s Guide
Successfully designing and erecting a quality building in an emerging economy requires a lot to go right, whether it’s adhering to local codes, navigating the logistics of global manufacturing and shipping, or any number of other challenges. Consider, too, the capital market’s demands for quicker and deeper returns, and the risks are exacerbated, as a…
Read MoreGlobal Construction Considerations: How To Avoid Corruption When Building Internationally
Of all the risks multinational companies face when building in markets overseas, by far the most costly (yet ironically, one of the most controllable) stems from violations of the Foreign Corrupt Practices Act (FCPA), whether bribery, fraudulent books and records, or lax or improper internal control systems. An understandable reaction may be to quickly…
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