Going International: Profit or Peril?by Virginia Fairweather, Editor in Chief;
Serial Information: Worldwide Projects, 1993, Vol. 1, Issue 1, Pg. 6-10
Document Type: Feature article
Abstract: Six veterans of the international engineering and construction market discuss the financial risks of international work, including currency risk; expatriate living conditions; difficulties obtaining payment from clients; international funding agencies; the importance of understanding local business culture; sources of project information; and more. The six are Wallace Hawkes, division director for surface transportation at Greiner Engineering Inc.,an Irving, Texas, USA firm specializing in road, bridge and airport design; George Tamaro, a partner in Mueser Rutledge Consulting Engineers, a New York-based foundation-engineering firm; Dieter B. Rathke, president of Philipp Holzmann USA Ltd., Charlotte, North Carolina; William Brumund, president of the Atlanta, Georgia, USA-based Golder Associates, geotechnical specialists; and Patricia Galloway, executive vice president of the Nielsen-Wurster Group, Princeton, New Jersey, USA, specialists in project risk management and claim and dispute resolution.
Subject Headings: Engineering firms | Financial factors | International development | International factors | Risk management |
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