India, Mexico and Malaysia among those identified as target countries


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Mexico has been identified as one of the 10 countries consultants should be targeting in the future

The Association for Consultancy and Engineering (ACE) is calling on firms looking to export their services to focus on 10 key growth markets, including Mexico, Indonesia and Ethiopia.

In a new report, Future of Consultancy – Global Export Strategy for UK Consultancy and Engineering, ACE said it recognised many of its 400 member firms operated in overseas markets “underlining the significant reputation of the UK in providing world-class consultancy services to clients across the globe”.

But the report picked out 10 priority markets (see table below) drawn up by research outfits Global Construction Perspectives and Oxford Economics for the report.

The document said the markets for construction and engineering identified, which included powerhouse economies US and Germany, represented accumulated construction output of nearly US$60trn between 2018 and 2030, effectively a third of all global construction output in that time.

“Given that construction output in China alone accounts for 23.2% of total accumulated global construction output, then the 10 priority markets we have identified account for almost 45% of global construction output excluding China,” it said.

ACE also published two additional reports to tie in with its Future for Consultancy programme, one on value-based business models and another looking in part at the role of consultants in a post-Hackitt world.

Country Output 2018-30 (US$bn) Type of market

 US  22,891  Data-led asset performance
 India  10,011  Planning and placemaking
 Indonesia  6,001  Planning and placemaking
 Germany  5,219  Data-led asset performance
 Australia  4,442  Delivering integrated projects
 Canada  3,870  Delivering integrated projects
 Mexico  2,159  Delivering integrated projects
 Saudi Arabia   1,564  Planning and placemaking
 Malaysia  971  Planning and placemaking
 Ethiopia  831  Planning and placemaking

Source: Future of Consultancy – Global Export Strategy for UK Consultancy and Engineering/Ace