While global engineering firms struggle with ballooning project budgets, China's EPC cost advantage continues reshaping international infrastructure markets. Did you know Chinese contractors completed the Jakarta-Bandung HSR at 60% of European bids? This raises critical questions: What structural efficiencies enable such pricing? And how sustainable are these advantages amidst shifting global trade dynamics?
When EPC project budgets spiral, why does the performance bond cost consistently consume 5-15% of total contract value? A 2023 International Engineering Consortium report reveals 42% of contractors consider bond costs their top financial strain. Let's dissect this $47 billion global industry challenge.
Enter your inquiry details, We will reply you in 24 hours.
Brand promise worry-free after-sales service