Engineering and construction major Larsen & Toubro (L&T) Limited has entered into a joint venture (JV) with AA Turki Contracting & Trading Corporation (ATCO), a leading conglomerate in Saudi Arabia, for construction in the hydrocarbon and power sectors. The new venture would be known as Larsen & Toubro ATCO (Saudia) LLC, and would be registered as a local company in Saudi Arabia. Financial details were not disclosed.
Read more in The Economic Times.
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