JOINT VENTURES

Why do joint venture participants (contractors, consultants or employers) enter into joint ventures in the first place? According to Rob Morson, a partner at Pinsent Masons, there are two broad categories or Infrastructure participants. They are either joint ventures to procure or deliver infrastructure. In other words, they either play a developmental or execution role. There are seven (7) primary drivers that drive the process, these could be; Regulatory requirements  The ability to pull resources…