By National Research Council, Division on Engineering and Physical Sciences, Commission on Engineering and Technical Systems, Building Research Board, Committee on the International Construction Industry
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Extra info for Building for Tomorrow: Global Enterprise and the U.S. Construction Industry
Census Bureau. firms. More than half of the work (in dollar volume) is done by the top 30 contractors. S. constructors) conduct about 85 percent of the business. The Changing Market The need for construction of new facilities combined with poorly developed domestic construction industries has made developing countries the primary locus of international competition in the past. S. $billion) Estimated total construction worldwide 1,430a Small scale and restricted 1,140b Modern method and management 290b Restricted or communist bloc projects 216b International construction market 74c Foreign contracts of top 30 constructors 44c Remaining international construction market 30b aFrom United Nations; data and surveys.
Eberhard, former Director of the BRB, under whose guidance the study was conducted and who took a major part in preparation of this report. Andrew C. Lemer, currently Director of the BRB, also participated substantially in the report's preparation. Special thanks are due to Joann Curry for her outstanding work on the final manuscript. Page xiii Contents Executive Summary 1 1 Introduction 10 The Scale of World Construction 11 The Changing Market 15 Case Study 1: Technological Advantage Pays Off: M.
S. S. individual and corporate income tax policies. S. S. firms' abilities to operate within the foreign business climate of some countries. S. firms have been slowly eroded by increasingly capable foreigners. Some of these foreign competitors are based in countries where lower wage scales give additional advantage. S. design and construction expertise. Companies based in industrialized European countries as well as newly industrializing countries in Asia and Latin America have increased their market shares in international construction, often with the aggressive support of their governments (see Chapter 3).