In the new millennium engineering and construction ("E&C") will continue to be a key indicator and driver of economic activity and wealth creation.
In this fast changing world the challenges facing E&C companies will become ever more complex. Technology evolves apace - the information age and electronic commerce are now inescapable facts of life. New forms of procurement are emerging driven by higher customer expectations, the need for lower costs and shorter completion times.
Yet amidst all this change, E&C companies must continue to meet strict compliance requirements of governments, regulatory bodies and more recently meet increasing standards in environmental management.
The E&C industry plays a significant role in the economy of Hong Kong. Along with the ever developing China market, new road and rail links, commercial and residential developments and major infrastructure projects are prevalent.
In the current economic climate which impacts the E&C industry, it is essential that E&C businesses are innovative in their approach and maintain strong controls over tendering procedures and cost control as there continues to be strong competition and pressure on margins.
With our formidable E&C client base, globally and in Hong Kong and mainland China, PricewaterhouseCoopers has multi-disciplinary professional service teams with extensive knowledge and experience within the E&C sector. Our E&C audit, tax, consulting and dispute analysis and investigations groups provide an integrated approach which facilitates relevant and prompt solutions to E&C business needs.
Dispute analysis and investigations
Tax planning
New accounting standards
Visit our global Engineering and Construction website.
Hong Kong Engineering and Construction Leader, PwC China
Tel: +[86] (20) 3819 2066