Bechtel, a construction and engineering firm, has a contract with the Indian government to expand the airport in New Delhi. Bechtel will design, construct, and equip the airport before turning the facility over to the Indian government upon completion. Which entry mode for international business is used by Bechtel?
A) B-O-T project
B) turnkey project
C) contract manufacturing
D) foreign direct investment

Question

Quizplus · Accepted Answer

Bechtel's involvement in designing, constructing, and equipping the airport in New Delhi before handing it over to the Indian government is characteristic of a turnkey project. In a turnkey project, a company agrees to fully design, construct, and equip a facility and then turn the project over to the purchaser when it is ready for operation.

Bechtel, a Construction and Engineering Firm, Has a Contract with the Indian