Thursday, June 26, 2008  

Venezuela anyone?

Building, the UK's top construction magazine, recently published an article on the merits of doing business in the world's ten fastest growing construction markets, as ranked by consultancy firm Davis Langdon. It's a fascinating piece, and raised a few eyebrows around the office.

Whereas the obvious Top Ten candidates are there - China, India and Russia as the top three, and the UAE (6th) - there were a few surprises, too. Vietnam (4), Poland (5), Egypt (7) and, most of all, Venezuela making it into tenth spot. Although the tip for companies looking at Venezuela to "Go to Mexico instead" might halt any interested parties!

As well as highlighting new opportunities for construction firms, this report also hints at the massive potential for expanding the use of collaboration tools, especially by linking the head offices of firms based in the UK, Europe and the US with their ventures in new markets.

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