ABSTRACT
Joint ventures may be entered into for a variety of reasons some of which may be termed aggressive in that they seek to bring together a combination of skills which are best able to undertake the work on a turnkey or main contractor basis. Others are defensive of which the most common is quite simply to reduce the competition. Or the joint venture may be a ‘shot-gun marriage’ in that in many territories today – unless the job is being funded by an international lending agency – there is simply no way in which a foreign contractor can be awarded a government contract up at least to a certain value unless he has a joint venture with a local partner.
