C&C Constructions signs MOU with Isolux Corsan of Spain to jointly execute infrastructure contracts abroad
C & C Constructions Limited, a leading infrastructure project development company, has signed a MOU with Isolux Corsan of Spain to jointly execute construction contracts in the Infrastructure space. The scope of this contract extends to several verticals in which the Company has domain expertise and in geographically diverse regions including Asia, former Soviet Bloc (excluding Eastern European countries) and Africa.
Tweet-- C & C Constructions Limited, a leading infrastructure project development company, has signed a MOU with Isolux Corsan of Spain to jointly execute construction contracts in the Infrastructure space. The scope of this contract extends to several verticals in which the Company has domain expertise and in geographically diverse regions including Asia, former Soviet Bloc (excluding Eastern European countries) and Africa. As per the MOU, the Company will only engage in contracts exceeding Rs. 500 crore in verticals of Roads, Airports, Specialized Buildings and Hospitals. Further, the Company will also participate in contracts exceeding Rs. 300 crore relating to construction of bridges.
Commenting on the development, Mr. Gurjeet Singh Johar, Chairman, C & C Constructions Ltd., said:
"The MOU presents the Company with abundant opportunities and is in line with our objective of diversifying operations across verticals and expanding our geographical reach. Given C&C's specialized skill set of operating in traditionally challenging terrain, the Company is well equipped to sustain projects in chosen verticals and geographies. We are optimistic of partnering with Isolux to extract maximum synergies and fundamentally strengthen and grow the Company's business operations"
Notes to Editor
About C & C Constructions Limited
Incorporated in 1996, C & C Constructions Limited is an infrastructure project development company that provides engineering, procurement and construction services for infrastructure projects. Their project expertise lies primarily in transportation engineering projects including roads and bridges. In 2007, after successfully establishing a strong brand name and developing an area of core competency, C & C Constructions diversified its operations across two value added business divisions namely Building and water sanitation & sewerage to stay in line with the rise in demand for intricate value added projects.
The Company has also maintained a strategy of landing projects in places like Afghanistan, Bihar and other places where the operating conditions are challenging in order to be able to capture the higher margins offered in operating in such areas. C & C Constructions has found a good degree of success with this strategy and plans to scout for emerging opportunities in off beat geographies going forward.
For more information on the Company, its products and services please log on to www.candcinfrastructure.com
For further information please contact:
Vipin Labroo
Top Inspiration PR
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Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. C & C Constructions Limited will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.