Africa’s leading indigenous conglomerate, Dangote Industries Limited, has announced a multi-million dollar Joint Venture agreement with Saipem, the Italian engineering and construction giants.

The agreement has given birth to a new company named Saipem-Dangote E&C.

Saipem Dangote E&C is a significant new player in the Nigerian and Central/West African market, with high technical and financial capabilities. It aims to secure complex Engineering & Construction projects and ensure a realization capacity focused on efficiency, in terms of costs and timing, and flexibility, in order to respond to different needs related to specific projects, to local content and to the Country’s context.

Saipem and Dangote Group have a track record of successful collaboration, drawing on the strengths and competences of both Companies.

http://www.estatetimesnigeria.com/dangote-saipem-announce-joint-venture-in-central-west-africa/