StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Current Construction Industry Development in Russia - Dissertation Example

Cite this document
Summary
The dissertation "Current Construction Industry Development in Russia" focuses on the critical analysis of the current business conditions within the tunneling and underground construction in Russia, discussing the ability of various potential entrepreneurs investing in this industry…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.2% of users find it useful
Current Construction Industry Development in Russia
Read Text Preview

Extract of sample "Current Construction Industry Development in Russia"

Download file to see previous pages

This excitement has been an impetus to the rapidity with which the underground construction/tunneling industry has grown and also the extent to which it has attracted a lot of attention from key players within the construction industry (Beer, 2009). Notably, emerging countries such as China, India, Russia, and Brazil which are experiencing high levels of economic growth have been the melting pot of major infrastructural improvements and developments, with underground construction being at the core of these developments. Underground constructions occur in a wide array of sectors and areas. These include highway construction, sewerage system, metro/subway systems, electricity cables, and transmissions systems, nuclear power facilities, water systems, flood management systems, natural disasters, and war underground hiding bunkers, and hydropower plant systems (Beer 2009).
With the recognition of the benefits for the countries that come along with underground construction, such as reducing congestion, lowering environmental degradation, reducing the pressure put on the land, and efficient utilization of strategic resources, many countries have increasingly invested in this form of construction (Brown, 2001; Beer, 2009). The high business opportunities in the emerging countries within the construction industry have attracted a plethora of construction entrepreneurs into these markets. Russia in specific has attracted a lot of attention not only due to its growing economy but specifically also due to the upcoming events:
1) The high profile Winter World Olympic Games to be held in Sochi, Russia in 2014, and the
2) 2018 Fifa World Cup, which has seen the development of several high scale underground systems (Kral 2009; Deloitte, 2012).
However, the current business climate for underground construction in Russia must be understood clearly to enable effective decision-making for the wide array of potential investors (Datamonitor, 2011; Deloitte, 2012). The business environment may present several challenges to various investors, both local and foreign, who seek to do business in underground construction. The industry conditions and entry barriers in terms of economic, political, and financial factors that impact a business need to be taken into consideration.
Growth in underground construction has increased in the current era due to the realization of its several advantages. While talking about the benefits of going underground Paul (2004) stated that going underground has several benefits. The author stated that with regards to accommodating the growing urban population, underground space provides several facilities such as environmentally safe and modest urban transit systems, shopping facilities and car parks, etc. With regards to isolation, underground space is a natural shelter for severe weather; it provides a safeguard against climate, earthquakes, noise, etc which could be possible threats in case of severe human activities like explosions and/or natural disasters like hurricanes.

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Construction industry development Dissertation Example | Topics and Well Written Essays - 9000 words”, n.d.)
Construction industry development Dissertation Example | Topics and Well Written Essays - 9000 words. Retrieved from https://studentshare.org/business/1400550-the-development-of-barrier-to-entry-in
(Construction Industry Development Dissertation Example | Topics and Well Written Essays - 9000 Words)
Construction Industry Development Dissertation Example | Topics and Well Written Essays - 9000 Words. https://studentshare.org/business/1400550-the-development-of-barrier-to-entry-in.
“Construction Industry Development Dissertation Example | Topics and Well Written Essays - 9000 Words”, n.d. https://studentshare.org/business/1400550-the-development-of-barrier-to-entry-in.
  • Cited: 0 times

CHECK THESE SAMPLES OF Current Construction Industry Development in Russia

Underground Construction Business in Russia

It is therefore imperative that the current business climate for underground construction in russia be understood clearly to enable effective decision making for the wide array of potential investors (Datamonitor, 2011; Deloitte, 2012).... In essence therefore, this research study will seek to investigate the current business conditions within the tunnelling and underground construction in russia, and specifically will look at the economic, political and financial factors that impact the businesses and the ability of various potential entrepreneurs investing in this industry....
13 Pages (3250 words) Essay

Russian Economy Before And After Vladimir Putin

The country of russia officially named as the Russian federation is situated in northern Eurasia.... The country of russia officially named as the Russian federation is situated in northern Eurasia.... Since the fall of the Soviet Union, russia has emerged as one of the powerhouse in the scenario of global trade.... The country will benefit from the accession in the long run on several fronts, one of the most important being the discriminatory measures held by the 30 countries against the exports of steel of russia....
9 Pages (2250 words) Essay

What are the consequences of WTO accession for Russia

In 2006, russia had crossed an important barrier in its route to accessing the membership of World Trade Organization (WTO), with the signing of the bilateral agreement with US, though the process for a full membership would take longer to be completely realised.... russia's gradual progress in the negotiations for acquiring the WTO membership, is a positive signal for the international community, as it reflects russia's willingness to have an open trade relations within the global commerce....
36 Pages (9000 words) Dissertation

Russia's Most Important Economic Sectors

Foreign investors are able to function in russia only if they set up good functioning relationships with member of the controlling clans.... The quickest way to be honored projects and contract in russia is to present those clans stake in reputable international companies.... russia's Most Important Economic Sectors Introduction: russia is the ninth biggest economy in the globe according to the nominal value.... russia has undergone many significant changes after collapse....
5 Pages (1250 words) Essay

Barrier to Entry B2B Markets: Russian Underground Construction Industry

54 Pages (13500 words) Dissertation

Anlysis of the Russian real estate market

Methodology The methodological tool would essentially involve a thorough and in-depth literature analysis in search of arguments and facts that help us determine the state of the real estate markets in russia at an a latest date.... Ever since russia gained its present geopolitical form, the economy and the political landscape of russia has been presenting a very volatile picture to the world at large.... While its currency Ruble has not been able to command market respect considering the size and political importance of russia; its economy has also not done that well to attract foreign investors sufficiently....
20 Pages (5000 words) Essay

Construction Project Management

Wind power in russia is still low compared to other European countries.... Thus, the following are some of the anticipated large projects in russia: ... However, given the lucrativeness of the construction industry in russia, it is possible for Natural Power Consultants to overcome such difficulties.... Based on a construction cost figure of US$200 million / 50 MW capacities for a wind farm in russia, the following relatively large projects...
24 Pages (6000 words) Essay

Russian 20th Century History Post WWII

The first half of the 20th century was characterized by the rise of communism in russia, the economic disaster of the Great Depression, and the traumas of the First and Second World Wars among others (Lockard, 2010).... In Soviet Union, like in russia, The city dwellers also experienced food supply crisis forcing most of them to starve (Zubkova and Hugh, 1998).... Following the massive loss experienced by russia during the war, russia developed reconstruction programs to overcome these losses and rebuild itself just like other countries affected by the war....
4 Pages (1000 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us