In 2009, BDO launched the G20 Inbound Construction Opportunity Heatmap, providing a full analysis on the opportunities that exist within the G20 for inward investment from construction firms.
In 2010, as we see the development of a new economic world, less dominated by Western countries, we take an in-depth look at construction opportunities in China, including practical advice on how companies can take advantage of the incentives and surmount the barriers of doing business there.
In just three years’ time, the Chinese construction market will almost certainly have become the second-largest in the world after that of the US. With annual spending expected to reach £393bn in 2013, it is a tempting target for foreign companies keen to capitalise on opportunities in one of the world’s most promising growth hot-spots. Yet BDO’s G20 Construction Heatmap ranks China only the fourth-most attractive inbound construction market worldwide, trailing those of the US, Britain and Canada because of its greater tax and business operation complexity.
This special report, designed to complement our G20 Heatmap, is intended to shed much-needed light on the nature of those issues, and how they can be overcome.