The global construction market has had a rocky few years, with political upheavals, tariffs, trade wars and fluctuations in oil and metals prices hitting international contractors like a series of body blows. But now, the COVID-19 pandemic—and related plunge in oil prices from global shutdowns and price wars within OPEC—has put heavy pressure on large international contractors and their clients as they try to cope with markets under siege.
The uncertainties in the international market can be seen in the results of the ENR Top 250 International Contractors survey. This list ranks firms based on contracting revenue from projects outside of their home countries, measuring their presence in international commerce. The accompanying Top 250 Global Contractors list ranks contractors based on total worldwide contracting revenue, regardless of project locations.