TURNKEY PROJECTS

Alejandra GranadosMateo Albán

WHAT ARE TURNKEY PROJECTS?

• Are a type of collaborative arrangement in which one company contracts with another to build complete.

INVOLVED PARTIES

Industrial-equipment manufactures

Governmental Agency

TYPES OF THE MODE

Used in the same project:

• Contracts "turnkey" Mixed

• Contracts "turnkey" partial

• Contracts semi "turnkey"

• Based on the difference of contents in practice:

• Contracts "turnkey" single or partial

• Contracts "turnkey" full or classic

• Contracts "turnkey" wide

ADVANTAGES

• The size of the contracts

• Optimization of logistics and utilization of synergy effects.

• Efficient utilization of possessions.

DISADVANTAGES• Large companies are vulnerable.

• Inefficiency could create legal problems.

• Many turnkey contracts are for construction in remote areas.

• You are automatically creating a competitor.

REAL LIFE EXAMPLES

• The Hong Kong International Airport• China and Algeria

References• Bechtel Corporation: Home. (n.d.).Bechtel Corporation: Home. Retrieved

March 18, 2013, from http://www.bechtel.com/home.html

• Fop Estudio: Pros y contras de los contratos "llave en mano".. (n.d.). Fop Estudio. Retrieved March 18, 2013, from http://fopestudio.blogspot.com/2011/03/pros-y-contras-de-los-contratos-llave.html

• Proyectos Llave en mano. (n.d.). ACOSA. Retrieved March 18, 2013, from www.acosa.com.mx/soluciones-de-negocio/proyectos-qllave-en-manoq.html#

• Daniels, J. D., & Radebaugh, L. H. (1998).International business: environments and operations (8th ed.). Reading, Mass.: Addison-Wesley.