Sri Lanka Countermeasures Engineering Contracting Market In Yunnan Enterprises To Develop

After the end of the civil war in2009, Sri Lanka faced under-developed trafficconditions, weakness power infrastructure and lack of housing supply, which severelyrestricted the needs of Sri Lanka’s economic and social development. Sri Lankangovernment had formulated series of reconstruction planning, and put forward anational development strategy to services oriented. Since2009, Sri Lanka’sconstruction market has grown step by step, and the construction industry accountedfor7.1%of GDP in2012.Currently, it is the Southeast Asian countries that are the main foreign projectcontract market for Yunnan province. Under the "bridgehead" strategic context,Yunnan has not fully played its regional advantages in the South Asian market.Among the South Asian countries, the largest engineering contracting market is India;however, Yunnan still has not carried out any projects in India. In view of theconvenience between India and Sri Lanka, Sri Lanka becomes a duty free channel forChinese enterprises to enter the India market. Therefore, if the Yunnan’ enterpriseswould like to develop the project contracting in South Asian market, it becomes animportant link for them to foothold in project contracting market in Sri Lanka.First, through analysis of Sri Lanka’s politic, economic, society, and the relatedpolicy environment, this article get the conclusion that Yunnan’ enterprise still facethe potential threat from Sri Lanka domestic political and imbalances of risk fromeconomic when they carry out engineering contracting business in Sri Lanka, andYunnan’s enterprises also should pay special attention to the environmental protectionsystem and labor system of Sri Lanka, because all that can affect the contractingproject success.Secondly, we have a clear understanding about the opportunities in Sri Lankaproject contracting market and the competition condition that Yunnan’s contracting enterprises face after the analysis of project contracting market. The fourth part of thearticle, it analysts the present situation about the Yunnan’s enterprise in Sri Lankamarket, finds the main existing problems and holds that their competitiveness is weak.Through the case of Sinohydro Bureau14Co.Ltd developing foreign projectcontracting in Sri Lanka, peep one spot and know everything, it also point out thefuture development direction for Yunnan’s enterprises.Finally, from three aspects: strengthening enterprise internal management,optimizing the structure of intermediary services and enhancing government support,this paper will propose countermeasures and suggestions for Yunnan’s enterprisesdeveloping project contracting market in Sri Lanka.