answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: How turnkey projects relates to foreign exchange?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

What is the new mode for entering into foreign market?

may turnkey projects help in entering in foreign market. may turnkey projects help in entering in foreign market.


What is specialized banking?

Specialized banks are foreign exchange banks, industrial banks, development banks, export-import banks catering to specific needs of these unique activities. These banks provide financial aid to indutries, heavy turnkey projects and foreign trade.


What are turnkey internet businesses?

The Turnkey internet business is a business that you can buy and start immediately. However, it is important to watch out for scams when purchasing these turnkey businesses.


What is turnkey procurement?

I just found the explanation of "turnkey" and I am not sure the meaning of "turnkey procurement", it might be something similar, hope the following words helpful to you. "This term may be used to advertise the sale of an established business, including all the equipment necessary to run it, or by a business-to-business supplier providing complete packages for business start-up. An example would be the creation of a "turnkey hospital" which would be building a complete medical center with installed high-tech medical equipment."----- From Wikipedia


What is the difference between EPC and turnkey contract?

EPC is a contract comprising Engineering, Procurement and Construction. Turnkey is a contract comprising Engineering, Procurement and Construction. If you look at the definition , you may find no difference between two concepts, but there are some differences between two concept as follows; 1- In EPC, an employer will provide basic engineering to a contractor and the latter shall perform detailed design based of received basic design. 2- In Turnkey , Employer will only provide certain technical specifications of the project and it is the responsibility of the contractor to prepare basic and detail design of the project. 3- In turnkey, contractor is responsible to perform construction and commissioning, start-up and take over of the plant to employer, but in EPC, it may be the responsibility of other third person to do commissioning and start-up.

Related questions

What is the new mode for entering into foreign market?

may turnkey projects help in entering in foreign market. may turnkey projects help in entering in foreign market.


What is specialized banking?

Specialized banks are foreign exchange banks, industrial banks, development banks, export-import banks catering to specific needs of these unique activities. These banks provide financial aid to indutries, heavy turnkey projects and foreign trade.


What is the difference in non turnkey and turnkey project?

Non-turnkey and turnkey projects are the opposite of each other. Turnkey projects are those that contract a firm to fully design, construct and equip a project and then turn it over to the purchaser.


What are turnkey projects in telecoms?

In telecom,the process of installing a new cell site is a turnkey project.


Advantages and disadvantages of turnkey contracting?

turnkey projects are expensive since the donor will double the interest charge to make more profit on their investment.


Modes of entering international market?

••Direct Exporting•Indirect Exporting•Licensing Arrangement with Foreign Companies•Franchising arrangement with foreign companies•Contract ManufacturingManagement Contracts•Turnkey Projects•Direct Investments•Joint Ventures•Mergers & Acquisitions are the modes to enter the international market:)


Examples of turnkey projects used in business?

Many government-owned public housing projects are turnkey projects. A private developer undertakes all activities necessary to producing the project, including land purchases, permits, plans, and construction, and sells the project to the housing authority


Modes of entry into international business?

One can enter into international business through exporting, licensing and merchandising or through some special modes such as contract manufacturing, turnkey projects. One can also enter through foreign direct investments with and without alliances.


What is turnkey project in project management?

A turnkey project is one that is very self contained and has almost no way to expand in scope or that has any dependencies. But this is also one of the fallacies in project management and why so many projects fail.


What are Turnkey Projects Which Company is the best turnkey contractor in Chennai?

Turnkey projects are… The word turnkey means “the turn of a key”. It means that everything is ready and you just have to turn the key to view your dreams being realized. It has become industrial slang which means that all the activities in pursuit of the final design are handled by a single company or a contractor. It makes your job a lot easier if all your requirements are attended to by a single company who is efficient in various services. You just have to convey your requirements to the representative of a single firm, which will carry out all the implementation processes necessary for the completion of those requirements. Turnkey projects are mostly done in the design and construction field. For example, if a building is to be constructed, the turnkey contractor acquires the requirements from the customer and does everything starting from the planning stage to the handing-over stage. This makes the customers’ life easier and less cumbersome. Searching for companies and contractors for every single job that has to be done to complete the whole design is a tiresome task. Turnkey contractors come to the rescue in these situations. Turnkey contractors in Chennai Are you planning to do some interior work like false ceiling and false flooring? Are you planning to install a CCTV control system as well? Do you want a fire alarm and a smoke detector to be fixed too? What about air-conditioning? Phew!! That is a huge checklist. Would you be able to handle all this despite your jampacked schedule? Would you believe if there exists a single company that could take care of all your interior designing needs and provide turnkey solutions in Chennai? Yes. There is. Imperial Design Projects LLP are the best turnkey contractors in Chennai. They are leading providers of turnkey solutions in Chennai. They provide services like, • CCTV control systems • Fire alarms • Smoke detectors • Exhaust and Air-vent systems • False ceiling and false flooring • Electrical services • HVAC (Heating, Ventilation and Air-conditioning) They also offer other services like gypsum ceiling, mezzanine flooring, access control and many more. A turnkey contractor is the best choice for meeting all your requirements in one go. So, without much wait, contact the nearest turnkey contractors in Chennai.


What is opposite for turnkey?

bespoke


What are turnkey internet businesses?

The Turnkey internet business is a business that you can buy and start immediately. However, it is important to watch out for scams when purchasing these turnkey businesses.