In a turnkey project, the contractor agrees to handle every detail of the project for a foreign client, including the training of operating personnel.
A turnkey project is a delivery method in which one entity (contractor) works with the project owner under one contract to complete all phases of the project from detailed design to construction.
Planning and operation are completely entrusted to the hands of the contractor. This will improve the quality of your work. Turnkey projects bring cost savings to the customer as the customer is responsible for the huge amounts agreed upon during contract negotiations.
The term "turnkey" is based on the concept that only the key must be turned to unlock the doors and initiate the operation, or the key must be placed in the ignition to drive the vehicle. increase. Turnkey businesses include, but are not limited to, franchises, multi-level marketing programs, and certain real estate investments.
Learn more about the turnkey projects here https://brainly.com/question/27881553
#SPJ4
