What is the difference in Green Field Projects and Brownfield Projects ?
The Greenfield project means that a work which is not following a prior work. In infrastructure the projects on the unused lands where there is no need to remodel or demolish an existing structure are called Green Field Projects. The projects which are modified or upgraded are called brownfield projects.
Green field investment
- Building new production facilities in a foreign country.
- It refers to investment in a manufacturing, office, or other physical company-related structure or group of structures in an area where no previous facilities exist.
Brownfield investment
- Used for purchasing or leasing existing production facilities to launch a new production activity.
Hessam
May 25, 2015 at 3:00 pmThanks alot..
Let me know are development projects has known as GF or BF?
hi
May 25, 2015 at 3:01 pmWhat dose “Infrastructure” mean?
Shoaib
August 5, 2015 at 8:08 amInfrastructure (if we talk about it as an engineer) is physical structures and services needed to facilitate a society which included but not limited to (Road networks, bridges, buildings, electricity transmission system, Hydra, thermal & wind power, railways, airports etc, etc….
owen mwanza
August 14, 2017 at 6:45 pmhessam am sure its called BF
Pankaj Kumar
November 3, 2017 at 3:56 pmGREENFIELD HAS PROVISIONAL/TENTATIVE TARGET WHERE AS BROWNFIELD HAS ACHIEVABLE TARGET. HENCE BROWN FIELD HAS NO EXCUSE IF ITS TARGET COUL NOT BE MET.
Paolomi Chattoraj
September 10, 2019 at 9:32 amIt’s easy to walk in a green field while its difficult to walk in a brown field. Green field looks more beautiful than brown field. It’s easy to hide in green fresh field than in brown field.