Companies

Ansal Buildwell inks pact with Bahrain-based co for joint development

Our Bureau New Delhi | Updated on February 19, 2014 Published on February 19, 2014

Real estate player Ansal Buildwell Ltd has signed a memorandum of understanding (MoU) with Bahrain-based VKL Holdings, Al-Namal Group.

The MoU was signed by Gopal Ansal, Chairman and Managing Director from Ansal Buildwell, and Varghese Kurian, Chairman of VKL Holdings, Al-Namal Group.

The MoU will provide both the companies the opportunity for joint development in the housing and infrastructure sectors in both India and Bahrain. The two companies will assist each other to understand their respective domestic markets and also to facilitate exchange of technical support.

Published on February 19, 2014
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