Dubai-based Alec Engineering and Contracting said it has joined forces with Butec, a design-build industrial contractor, to set up a new venture that will target the region’s utilities, industrial and environmental sector-based projects.
A part of the Investment Corporation of Dubai (ICD), Alec is a major construction company with related businesses operating in the GCC with a presence in Africa.
Over the last 20 years, Alec said it had consistently evolved and grown to become a trusted partner for the execution of complex and iconic construction projects.
Since its foundation in Beirut in 1964, Butec has steadfastly built on its position as a leading contractor in the Mena and GCC regions in the ?elds of construction, engineering, logistics and related services.
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, it added.
On the new venture, Alec’s Managing Director Barry Lewis said: "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, more efficient solution for clients."
Alec has extensive experience in complex projects across diverse sectors including airports, retail, hotels and resorts, high-rise buildings, themed projects as well as construction management, design management, estimating, cost planning and procurement.
"In working with Butec, we are capable of adding significant value to the region’s future power, water and oil & gas initiatives," he added.
Butec General Manager Tony Hanna said: "In view of Alec’s extensive experience on major regional projects, such as Dubai International Airport Concourses A & D with the associated rail link and upgrade of Terminal 1, the Dubai Marina Mall and most recently, One Za’abeel, and to Butec’s strong design-build capabilities in the industrial sectors, this partnership is structured to complement our respective strengths, and to create a stronger value proposition for our clients."
"The JV’s vision includes cost-effective and environmentally sustainable solutions that leverages specialised knowledge from both parties," noted Hanna.
Throughout these more than 50 years of excellence Butec has earned an impeccable track record, delivering a wide variety of complex and innovative projects while distinguishing itself for its best practices in engineering, integrity and safety, he added.-TradeArabia News Service
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