A turnkey project is way for a foreign company to export its process and technology to other countries by building a plant in that country.
Industrial companies that specialize in complex production technologies normally use turnkey projects as an entry strategy.
Decker Towers was built as a turnkey project.
But, another response to this problem has been a shift to acquiring integrated, turnkey projects.
Its physical exports range from turnkey projects to after sales services.
Unlike other turnkey projects, this development will have some private mortgage financing.
Other turnkey projects are totally financed by the state.
The company engages in civil engineering and construction activities and turnkey projects.
A turnkey project or contract as described by Duncan Wallace (1984) is:
Transvaro realizes turnkey projects on electronic security systems in addition to its production activities.
