Turn-Key Projects

Turn-Key Projects sre signed by a Contractor who organizes the establishment of a specific facility (like a solar factory).

He engages various companies that take care of specific tasks in a dynamic PPP constellation.

The customer giving the order only needs to "turn the key" of a complex machinery (like a factory) built up by the diligent contractor.

Besides the relatively unordinary case of private clients, customers are usually public legal entities like municipalities states and Federations.

Types of Projects

There are various types of projects:

EPC

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Which stands for Engineering, Procurement and Construction, including all factors as the name states

EPCI

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In addition specific Installations are also cases of Turn-Key Projects that are included in sjch a venture.

EPCM

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This furthermore applies to Management, that a client wants to entrust.