KBR said Wednesday it has signed a joint venture agreement with BIV Builders for a standalone, self-sufficient, long-term joint venture based in Kuala Lumpur, Malaysia. The joint venture will be known as KBIV. Financial details of the deal were not disclosed. “Our customers expect us to work locally and draw on our global resources and systems to deliver innovative and technologically superior solutions; the establishment of KBIV is our delivery vehicle to achieve this ‘think local, work global’ mindset and we are excited to be re-establishing operations in Malaysia,” said Greg Conlon, KBR APAC (Asia-Pacific) president.
KBR is a global provider of differentiated professional services and technologies across the asset and program life cycle within the Government Services and Hydrocarbons sectors.