L&T, ATCO float construction JV in Saudi Arabia

Larsen & Toubro (L&T) has signed a joint venture agreement with A A  Turki Contracting & Trading Corporation (ATCO) of the Kingdom of Saudi Arabia.

The new venture, Larsen & Toubro ATCO (Saudia) LLC, will be registered as a local company in Saudi Arabia, and focus on construction for the hydrocarbon and power sectors.