Dubai government-owned construction giant Alec enters joint venture with Butec

The Dubai government-owned construction company Alec is entering a joint venture with Butec, a contractor focused on the industrial sector. The alliance will target projects in the utilities, industrial and environmental sector.

The partners reckon that by coming together, they can offer a “highly competitive” solution to clients. “Our 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 strengths to provide a faster soDanaging Director at Alec. “We are capable of adding significant value to the region’s future power, water and oil & gas initiatives.”