Thursday, November 21, 2019
Rewrite Essay Example | Topics and Well Written Essays - 750 words - 3
Rewrite - Essay Example The brand name is developed from the words architecture and Cymru, which is Wales in Welsh. This brand name will help us expand within the local Welsh market, which enhances the companyââ¬â¢s ability to become a premier Welsh firm. We wish to take advantage of the increased investment in Walesââ¬â¢ construction sector by seeking for funds through our brand name. Although the brand name seeks to establish our company in the local market, our wider objective is to become a major firm in Europe with the capacity of executing major architectural projects within the continent and the rest of the world. Within the first three to five years of our operations, the company will operate as a private limited company with each shareholder having equal rights. Thereafter, the company will liquidity or offer some of the shares to the public through an initial public offering with the company becoming a public limited company although this objective is based on the long-term achievements of company and its success as reassessed in the long-run. Through various milestones in infrastructural designs, Walesââ¬â¢s construction industry plays an important role in the development and growth of the local economy while considering various environmental and societal issues. Economical estimates indicate that the industry contributes about 10% to the countryââ¬â¢s Gross Domestic Product (GDP). Each year, estimated investments in the sector are likely to be about à £2.3 billion with the industry experiencing high competition, as there are around 12,000 construction firms in the sector. Despite the stiff competition, the industry experiences a wide range of specializations. Concerning the labor force benefiting from the industry, industrial estimates indicate that over 100,000 workers are employed by the industry and they range from various construction professions such as architecture, builders, engineers, surveyors, maintenance groups, and other companies that restore and
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