Top 10 Countries to Start a Construction Business

Last Updated on December 11, 2011

1. New Zealand
This country is on top because of how easy it is to get everything going. If you want to start a construction business in New Zealand the government makes it really easy for you. All of the paperwork that you will need can be found online. In addition to that, once submitted it will all be reviewed in a timely fashion so that you can get your company off the ground in no time at all. The process can be complete in a matter of days.

2. Australia
The reason why it is easy to start a construction business in Australia is because it is somewhat easy to get credit there. As you know, starting your own construction business will require some capital. In Australia you can get the capital that you need in a short period of time. Of course, it helps if you already have a history of running successful businesses. This will make the creditors look favorably on your application. The end result is that you will get your cash in no time at all.

3. Canada
Canada is a growing nation that has a friendly business environment. This means that there is actually an abundance of new construction that is needed all across the country. With the global economy the way it is these days it is nice to know that there are still some places where you can get work. A new construction company in Canada could expect to get some business in a quick amount of time if they play their cards right.

4. Singapore
The thing that makes Singapore ideal for starting a construction business is that you can get the permits you need relatively quickly. This means that you can start your business and begin working in a quick period of time. You do not have to jump through a bunch of red tape just to start on a project. In addition to that, credit is abundant in Singapore. This means that you will be able to get your hands on startup capital if you qualify.

5. Hong Kong
Hong Kong is making reforms that help new business become successful. In addition to that, the area is growing very rapidly. This means that there is a good opportunity to enter the construction business here. Hong Kong will make it easy for you to get your hands on everything that you need to be successful. This can even include startup capital. You better act quickly if you want to start a construction company here. The market is still wide open but becoming more crowded every day.

6. Macedonia
In Macedonia it has become pretty easy to get your hands on credit as well as the permits needed to start a construction business. It is estimated that you can have your business registered and running in as little as three days. This is nice because you can hit the ground running. There is not much red tape to cut through in Macedonia. Simply set up shop and start marketing your services. You could be landing your first big project in a matter of a few days.

7. Georgia
Even though Georgia is considered a low income country it is still doing things to foster growth. They have made credit easy to obtain which will help in the financing of a construction business. Getting the credit that you need is important as it is quite expensive to buy the machinery needed to start this business. The nice thing about Georgia is that this is a moot point. Once you get your hands on the credit that you need there should be nothing holding you back.

8. Rwanda
Believe it or not, Rwanda is doing things to enforce economic change. A few of those things make it easier for startups like construction businesses to operate. The main thing that Rwanda has done is developed some online processes that allow you to start a business in a matter of a few days. This has helped boost the number of new entrepreneurs that choose to do business in this country.

9. Belarus
Not many people know this, but Belarus has middle to upper class type of society. Most natives of this country do very well for themselves from an economic point of view. Because of this, there is always a need for new construction as growth is ever present. When starting a construction in Belarus you can expect to have many prospects for work in a very short amount of time. The fact of the matter is that there are construction jobs out there to be had.

10. United States
Even though the US economy has been up and down recently, there is still a need for expansion. A new construction business can expect to thrive in the United States if it has the capital to get started. Getting credit in the US is not easy.

Alex Dough has written this article for Paterson Simons – leading provider of forklifts and Reach stackers in Nigeria and West Africa.