Joint Ventures

Joint ventures and efficient collaborations are essential for Virtus Group of Companies since the group is working together in numerous geographical locations together with multiple corporates, governments, and PPPs formations. Joint ventures refer to a business arrangement where two or more parties agree to pool their resources, skills, and expertise to work together on a particular project, investment, or venture. In a joint venture, each party shares the risks and rewards of the venture and contributes to its success. Joint ventures can take many forms, from formal legal structures to informal partnerships, and are often used to share costs, access new markets, or take advantage of complementary skills and resources.