Joint Ventures

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This topic contains 4 replies, has 5 voices, and was last updated by  Abdoulhamid Diallo 2 months, 4 weeks ago.

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  • #118532

    Christian Münnich
    Participant

    What is your experience with Joint Ventures between corporates, any recommendations on Dos and Donts?

    #119539


    Participant

    Popular among EPC contractors/ companies involved in large scale infrastructure projects. They usually collaborate on a case by case basis. Of course, these companies are often bureaucratic and systematic organisations.

    #119732

    David Castell
    Participant

    During my JV working experience, I realize you need a very committed local team, directly involved in the JVs operations and liaising with each of the company HQs. This would be the liaison team, on all issues from finance to technical activities.
    In case of a 50:50 JV (from my point of view most difficult as non organization is usually consolidating), then an established and regularly meeting committee is essential to speed-up decisions and to keep information level and confidence high at both organizations.

    #121438

    Rashid Aldossary
    Participant

    I think the key is the JDA’s agreed terms that will dictate the whole company. Putting a lot of effort into the process will make that company life way easier post signature of the JDA.

    #121482

    Abdoulhamid Diallo
    Participant

    In JV, the shareholders agreement is critical since it sets out the roles and responsibilities of each shareholder. It is critical that shareholders have rotating senior leadership roles with each shareholder assuming the roles for which it has a competitive advantage for the first term.

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