Delta Mutual has signed of a Letter of Intent to form a joint venture company with Hi-Tech Consulting and Construction, a US-based corporation. The joint venture company, to be named Delta-Envirotech will be based in Virginia and focus on participating in government sponsored pollution remediation projects located primarily in the Middle East and Africa.
Hi-Tech has been involved in construction management, supervision and civil engineering projects in Saudi Arabia, the United Arab Emirates (UAE), Kuwait, Nigeria and Ghana for more than seven years.
Hi-Tech projects have included the development of the business plan for $450 million crude oil refinery in Nigeria, a six million dollar water desalinization facility in the UAE, a preliminary study and business plan for a $200 million power plant refurbishment in Nigeria and a $50 million property development for low-income housing in Iran. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
