Product details

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Abstract

In 2014, Shenzhen Bauing Construction Holding Group Co Ltd. (Bauing Group) decided to expand internationally, and successfully established subsidiary companies in several Southeast Asian countries. Based on this success in Southeast Asia, Bauing Group decided in 2016 to expand further by entering the US market. However, doing so entailed some challenges and difficulties, including cultural and regional differences, language barriers, and the need to become familiar with different construction standards and laws. Bauing Group also needed to address a pressing issue: determining its market entry strategy. Should it enter the market through licensing, greenfield projects, franchising, business alliances, exporting, turnkey projects, joint ventures, or acquisitions?
Industry:
Size:
Large
Other setting(s):
2016

About

Abstract

In 2014, Shenzhen Bauing Construction Holding Group Co Ltd. (Bauing Group) decided to expand internationally, and successfully established subsidiary companies in several Southeast Asian countries. Based on this success in Southeast Asia, Bauing Group decided in 2016 to expand further by entering the US market. However, doing so entailed some challenges and difficulties, including cultural and regional differences, language barriers, and the need to become familiar with different construction standards and laws. Bauing Group also needed to address a pressing issue: determining its market entry strategy. Should it enter the market through licensing, greenfield projects, franchising, business alliances, exporting, turnkey projects, joint ventures, or acquisitions?

Settings

Industry:
Size:
Large
Other setting(s):
2016

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