Difference between green field and brown field project
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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.
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Green field investment
०Building new production facilities in a foreign country.
०Building new production facilities in a foreign country.०It 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
०Used for purchasing or leasing existing production facilities to launch a new production activity.
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