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What is the suggestion for construction companies when dealing the construction projects with foreign owners?

According to the successful experience from our clients, it is suggested that construction companies shall inquire and understand from the foreign owner about performance guarantee related questions. This is mainly due to the reason that overseas construction projects are based on foreign countries with different financial surroundings and construction regulations from the Republic of China. Construction companies shall in advance evaluate and inquire from the foreign owner about the issued form or type of the Performance guarantee, the guarantee amount, the tenor, and the guarantee issuing bank list which accepted and suggested by the foreign owner so that the further discussion about winning the bank’s credit support will be proceeded smoothly with the reduced risk of undertaking overseas construction projects.



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