The construction industry in Japan has traditionally been dominated by its domestic suppliers. Few foreign construction...

The construction industry in Japan has traditionally been dominated by its domestic suppliers. Few foreign construction companies have won projects in Japan. What aspects of Japan's political forces may have influenced this local control over the Japanese construction market? What political or regulatory forces may lead to the opening of this market for foreign firms?

Expert Solution

. In this case the construction industry in Japan has traditionally been dominated by its domestic suppliers and few foreign construction companies have won projects in Japan so here the question related to the aspects of Japan’s political forces which have influenced this local control over the Japanese construction market and what are basically the political all regulatory process which lead to the opening of this market for foreign firms.
Here two things are important that the local dominancy in the construction industry in Japan is very crucial they don’t want to share the profit of the construction industry and they don’t want to raise the area of other construction industries belongs to foreign country in their local presence.
The political influence is dominating when some foreign construction companies won the project in the nation and it is because of the investment criteria of foreign industries in construction field and they want a proper establishment and it is only possible with the help of local government support that’s why the involvement of local authorities in the fallen construction industry is important.
In this situation the revenue and the profit sharing of the foreign companies maybe short because of the involvement of local authorities.
The political influence is always in the benefit of the nation and inspired by the self development and this is the only reason why it is difficult for the foreign construction Industries to spread their business and to capture the market share in the construction area in Japan.

Rahul Sunny answered 2 years ago

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