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This has created an area of opportunity in the Tanzanian roads consulting industry. We believe that Stantec Inc. should enter this market via a joint venture with M-Konsult, a Tanzanian firm. The ideal partnership will allow for low fixed costs, ease the transition into this market and risk reduce financial risks. Competing in the market requires Stantec to successfully bid on a contract from the Tanzanian National Roads Agency (Tanroads). An appropriately-sized first project would be one year or less and have a forecasted profit of $370,000. After successfully completing an initial contract, Stantec could foster a relationship with Tanroads that would lead to future contracts and increasing long-term profits...
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