Problem

Protectionism in the construction and engineering services industries

Nature:

Governments, particularly in developing countries, increasingly require some form of cooperation with local enterprises by foreign firms providing construction and engineering services. Thus, foreign firms may have to engage in joint ventures with local enterprises or conduct their transactions through local subsidiaries or affiliates, which act as their representatives in the host countries.

Related UN Sustainable Development Goals:
GOAL 1: No PovertyGOAL 9: Industry, Innovation and InfrastructureGOAL 10: Reduced InequalityGOAL 12: Responsible Consumption and Production
Problem Type:
D: Detailed problems
Date of last update
04.10.2020 – 22:48 CEST