Turnkey Projects

Turnkey ProjectsClients pay contractors to design and construct new facilities and train personnel.

Generally produced by a team of contractors and project leaders who have experience with the type of project that is being produced.DRAWBACKS

If foreign clients are competitors, selling them state-of-the-art technology through turnkey projects may boost their competitiveness.

Turnkey projects do not allow fo a long-term presence after the key is handed to clients.BOTBuild-Operate-TransferAn agreement between a private company and a government body. The agreement commits the private company to build and operate a facility such as power plant fo a period of time and then transfer ownership to the government.