Dive Brief:

• U.S.-based companies have opportunities to get work in the $6.8 trillion global construction market, but they face a growing list of competitors and have to be quick.
• China and Spain are two countries from which construction firms are reaching out for global work.
• As the number of players increases, firms need to find ways to distinguish themselves from the crowd and offer services that others cannot, such as design, engineering and program management.

Dive Insight:

The World Economic Forum reports that it expects economies in Eastern Europe, Asia, Turkey, the Middle East and Africa to grow faster than the global average, making them markets in which to prospect for above-average returns. Doing so, however, requires being able to quickly assess a project's financial support and its ability to go to completion.