Date:18/01/2007 URL: http://www.thehindu.com/2007/01/18/stories/2007011804022000.htm

Business - Briefly

L&T signs joint venture pact with ATCO

MUMBAI: Larsen & Toubro 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 focus on electromechanical construction for the hydrocarbon and power sectors, according to a release.