ALEC and BUTEC forming JV “to meet industrial demand” ...United Arab Emirates

Dubai main c0ntractor ALEC and design-build industrial specialist BUTEC have agreed to form 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 said in a statement that it 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.” ALEC managing director Barry Lewis said the decision to create a new JV with BUTEC stems from a wider industry move to collaborate more closely, particularly on major infrastructure projects, while pooling str

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