Bricsnet and Al Liwan Contracting Co. have formed a joint venture that will market and distribute Bricsnet’s Internet services and content to building professionals in key markets throughout the Middle East. The joint venture will develop localized versions of Bricsnet’s products and customized solutions to meet the needs of the local construction industries. Bricsnet is a provider of Internet-based project management, design tools, electronic bidding and procurement, building product specifications, and facilities management for the global building industry. Al Liwan is a Middle East construction company. Its mission is to improve quality and efficiency in the local building industry through the use of modern working procedures, methods, and technology, including the Internet.
Under the terms of the agreement, Al Liwan will control 66.67% of the joint venture and Bricsnet will own 33.33% of the new company. For more information about the partnership, visit http://corporate.bricsnet.com.
