IPA Study Finds China Projects More Costly to Western Owners Than Commonly Believed

Many Western companies are beginning to heavily invest in China hoping to take advantage of potential cost savings in the country. However, a study by IPA found that many of these projects are not delivering the savings expected primarily because the companies do not have a full understanding of the practices necessary to deliver projects in China. Further, the study found that the costs to execute projects in China have been steadily rising over the last several years. (PRWeb Jan 7, 2010)

Read the full story at http://www.prweb.com/releases/2010/china-study/prweb3415884.htm

Related civil engineering construction posts

• IPA Finds That Most Site-Based Projects Fail to Meet Business Objectives
• China Manufacturer Announces 18 Years of Success For Importers Seeking Made In China Products
• Three Years of Closing the Information Gap in China
• ECO EXPO to Host the China Green Building/Green Cities Expo During the China Ministry of Construction’s 14th Annual Trade Show and Conference June 18-20, 2009 in Beijing
• China Eastern Airlines Awards Three-Year Engine Service Contract to Delta TechOps
• Future Government Construction Projects Could Waste Millions of Stimulus Funds, IPA Research Finds
• Projects Are about What?
• The Global Piracy & Counterfeiting Consultants Blasts China For Its Toxic Drywall & For Being The World’s Largest Counterfeiter
• Global Study to Benchmark Current Perceptions on Climate Change and Carbon Markets for Project Developers and CDM Stakeholders
• Engineered Systems Controls Corporation Enters Trade Negotiations in China
• Upcoming WPL Publishing Webinar Designed to Help Curtail Delays, Disruptions to Construction Projects
• 8 Days by Luxury Concierge China
• With the Economy and Housing Market in Bad Shape, Hawthorn, Inc. Finds Home Owners are Choosing to Remodel Existing Homes Instead of Selling
• Reports From China Publishes Industry Reports on 10 Key Industries in the Stimulus Plans
• New Study Finds Residential Sprinkler Ordinance Does Not Hurt Real Estate Market
• Growth Strategy Study by Dorman Management Consulting Now Open for Senior Executive Participation
• Turn Rocks into Gold on Your Projects
• CDCNews Plans and Specifications Service Now Available in Western New York State
• Western Storage & Handling Releases New Ski-Locker Design
• LIQUID NAILS Adhesive Provides a Designing Spaces Lesson for DIY Projects