Lanco Group ties up with UAE Co.
Lanco Group ties up with UAE Co. The Lanco Group has signed an agreement with a UAE company Gulftainer, to work on a range of port and transportation projects, reports agency source. Gulftainer and Lanco are assessing ventures worth around USD 1 billion in the Middle East, India and the eastern Mediterranean. Both sides have reached an agreement to cooperate on a wide variety of port and transportation projects. >Lanco Infratech, one of the fastest growing corporate entities in India, has more than two decades of experience operating in the core sectors of power generation, power trading, construction, infrastructure and property development. Shares of the company declined Rs 3.35, or 1.06%, to trade at Rs 311.95. The total volume of shares traded was 540,090 at the BSE (Friday).
