Characteristics of regional international engineering contracting market of the Belt and Road

Abstract

With the implementation of the Belt and Road, international contractors face more opportunities and challenges. Based on the Engineering News-Record data, this paper analyzes the current situation of the international engineering contracting market in the region of the Belt and Road and uses the cluster analysis to conduct research on the leading international contractors in the region of the Belt and Road. Then the differences of the industry and contractors characteristics in different regional markets are confirmed. Finally, proposals are put forward for the contractors to develop regional market of the Belt and Road.