Foreign-invested Construction Rules in the PRC: Building the Future?

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clpstaff &clp articles

New regulations from MOFTEC and the MOC mean that for the first time wholly foreign-owned construction companies can undertake work in China. However, some provisions remain ambiguous and may actually constitute hurdles for foreign investment in the PRC construction industry.

By Lisa Luo, Associate, Minter Ellison, Hong Kong

On September 27 2002, the Ministry of Foreign Trade and Economic Cooperation (MOFTEC) and the Ministry of Construction (MOC) released the long-awaited Administration of Foreign-invested Construction Enterprises Provisions  (外商投资建筑业企业管理规定) (Foreign Construction Provisions), which came into effect on December 1 2002.

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