New alliance to focus on utilities, industrial and environmental projects
ALEC, the Dubai-based main-contractor and BUTEC, a design-build industrial contractor, have announced the launch of a new joint venture which will target the region’s utilities, industrial and environmental sector-based projects.
In consolidating its assets, personnel and experience, the JV is anticipated to provide a highly competitive offering for projects seeking a cost-effective solution, while retaining the high quality and industry experience required for such undertakings.
“In working with BUTEC, we are capable of adding significant value to the region’s future power, water and oil and gas initiatives,” noted Barry Lewis, Managing Director, ALEC.
“This partnership is structured to complement our respective strengths, and to create a stronger value proposition for our clients,” asserted Tony Hanna, General Manager, BUTEC.
The JV’s vision which includes cost-effective and environmentally sustainable solutions that leverages specialised knowledge from both parties, a press communiqué concluded.