Diary of a rail fan in Kansai,Japan(Ver.2)

About world's rail news, general news, my train pictures, and travel diary)

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Why is joint venture benefitable?

Singapore LTA awards Circle Line 6 civils contracts
http://www.metro-report.com/news/infrastructure/single-view/view/singapore-lta-awards-circle-line-6-civils-contracts.html

Joint Venture of construction companies is common in Japan. One of the benefits is that newly participating companies will be able to build trust by completing construction with conventional construction companies.
In this case, China State Construction Engineering Corp or Nishimatsu Construction Co would like to create trust in South East Asia?