Construction Today - January/February 2013 - (Page 10)

BEST PRACTICES FRESH OPPORTUNITIES Overseas projects may offer potential, but there are challenges involved. BY NIDAL Z. ZAYED s the world’s developing nations continue to upgrade their standards of living, fresh opportunities are emerging for North American companies engaged in construction and power infrastructure services. These opportunities might be fostered by local governments eager to harness North American expertise, or might be facilitated via government agencies. In either case, companies with contacts in foreign nations must deploy the latest technological solutions while still remaining mindful of worker safety, environmental issues and positive relations with the local community, including the hiring and training of as many local workers as possible. Below I review some of these considerations in greater detail. First, how valuable are the opportunities involved? According to the prominent consulting firm Accenture, construction in emerging markets is set to become a $6.7 trillion business by 2020. The majority of the world’s top construction and power infrastructure contractors are based in North America or Western Europe, where fiscal deficits are likely to constrain government spending for some time to come. This factor and a variety of others make it more likely that the major infrastructure projects worldwide will be concentrated in emerging mar- A 10 CONSTRUCTION-TODAY.COM JANUARY/FEBRUARY 2013 kets for the foreseeable future. As a result, these markets are potentially attractive for North American companies. The company I serve as president and CEO, Pernix Group, has been involved in a range of both construction and power infrastructure activities in the North and South Pacific, including Fiji, the Northern Mariana Islands and Vanuatu. In addition, the many construction projects that the developing nations require for their socioeconomic development are beyond the capability of their local industries to undertake. This is due to the size, novelty and complexity of the projects. Therefore, it is necessary that the expertise and resources must be imported. The involvement of international finance also facilitates a wider range of development activities in these countries, including the ability to underwrite major infrastructure improvements. http://www.CONSTRUCTION-TODAY.COM

Table of Contents for the Digital Edition of Construction Today - January/February 2013

Construction Today - January/February 2013
Case Studies
Best Practices
Business Management
Green Construction
Construction Materials
Consigli Construction – Wat Nawamintararachutis NMR Meditation Center Thai Buddhist Temple
The Michaels Organization – University Student Living
Clark Builders – The Mustard Seed
JC Beal Construction Inc.
Plaza Construction – ENV
Regalia Beach Developers LLC – Regalia
Batson-Cook Construction – SkyHouse Orlando
Billingsley – Cypress Water Dallas
Jon M. Hall Co.
Pratt Homebuilders
John Moriarty and Associates – Charlesview Residences at Brighton Mills
Daikin America – Plant Expansion Project
Morton Buildings
MSI General Corp.
ClearSpan Fabric Structures
TOPCOR Companies LLC
Coatings Unlimited Inc.
Brencal Contractors Inc.
Del’s Construction Co. Inc. – Cambria Production Facility Expansion
Paric Corp.
Archer Western – Consolidated Courts Complex
Tishman Construction
McCarthy Building Cos. – Mercy Hospital Joplin
University of Maryland Medical System – Trauma Center Expansion
Swinerton Builders – San Joaquin Community Hospital Cancer Center
The Lemoine Company – Lafayette General Medical Center expansion
L.F. Driscoll – Temple University
P. Agnes
FIP Construction Inc.
National Lutheran Communities and Services – The Village at Rockville
Carothers Construction Inc. – Special Operations Command South Headquarters
The Hillman Group
Taylor Woodstone
Tooz Construction Inc.
Woolley’s Classic Suites
Structure Tone – Novo Nordisk Inc. North American headquarters
Gilbane Building Co. – Potawatomi Bingo Casino hotel
Pacific Building Group
Denark Construction – Owensboro-Daviess County Convention and Events Center
Traylor Bros. Inc.
Bobcat Contracting LLC
Reliable Contracting Co. Inc.
Union County and KemperSports – Galloping Hill Golf Course Clubhouse and Learning Center
E.L. Robinson Engineering
INDOT: 1-69 Corridor
Palmetto Corp
Monroe Tractor
Wood's CRW Corp.
Last Look

Construction Today - January/February 2013