Europe venture for Asia

Europe venture for Asia

JAKARTA (JP): Three European firms -- Impregilo of Italy, NCC
of Sweden and Strabag of Germany -- have formed a joint venture
to develop their business in large-scale infrastructure projects
in Southeast Asia.

Italian Trade Commission's Jakarta representative said in a
statement yesterday that the venture, called INS Contractors,
would target projects on hydraulic engineering, maritime ports
and oil rigs.

INS Contractors will also eye projects on airports, motor
ways, railways, building construction and works for environmental
protection. (rid)