Firms that specialise in the design,construction and start-up of a project and then later hand over the ownership of plant when it is fully operational is called:

Question

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A turnkey project refers to an arrangement in which a company designs, builds, and starts up a project, and then transfers ownership to the client when it is fully operational. This is an ideal solution for clients who do not have the expertise or resources to execute a project themselves. A license agreement involves the use of intellectual property, while an alliance partnership and takeover are different types of business arrangements altogether.

Firms That Specialise in the Design,construction and Start-Up of a Project