The Future of the EPCM service providers ? Will the emerging players replace their Western counterparts?

The Eastern economies like China and India are considered as the economies that will drive the global growth in the future. Improvements in infrastructure and the new investments by manufacturing industries are some of the drivers of construction growth in the emerging eastern economies. The impact of these emerging economies on the construction industry is huge with China being the highest contributor to construction spends and India following closely. The diminishing construction activity has resulted in the western economies expanding geographically and challenging the local service providers. There is rising curiosity as to whether the emerging players will replace their western competitors by 2015. This whitepaper does a capability analysis of the western firms (US and Western Europe) against the emerging players from Brazil, China and India.