Bajel Projects Limited Forms Strategic Joint Venture with Al Sharif Contracting in Saudi Arabia
Published on: Feb. 17, 2026, 3:07 p.m. | Source: scanx.trade
Bajel Projects Limited executed a Joint Venture Agreement with Al Sharif Contracting and Commercial Development Company on February 17, 2026, to establish a 50:50 joint venture entity in Saudi Arabia. The partnership will focus on EPC business for high voltage transmission infrastructure, with each partner contributing SAR 1 million (approximately USD 270,000) as initial equity investment. The joint venture company is expected to be formed within 3-6 months and will serve as an associate company of Bajel Projects Limited, supporting the company's international expansion strategy in the Saudi Arabian power infrastructure sector.
