Hangji Global Limited (HGL) has signed a memorandum of understanding (MoU) with Lloyds Steel Industries Ltd. (Lloyds), India to jointly undertake turnkey projects /integrated project solutions. As core competencies of both companies complement each other it is expected that this partnership will leverage joint capabilities to effectively offer greater value, in terms of quality as well as returns, to Clients. Lloyds is an engineering company that provides engineering and design services to Manufactures of Heavy Equipment, Machinery and Systems for Hydro Carbon Sector, Oil & Gas, Steel Plants, Power Plants, Nuclear Plant Boilers and Turnkey Projects. The facilities at Lloyds includes Heat treatment furnaces, Machine shop, Plate bending machine up to 100 mm thickness x 3000 width, Tube & Pipe bending machines, Sand Blasting facilities and NDT facilities. HGL teaming with Lloyds is expected to provide strengthening of engineering and design capabilities that should contribute to HGL’s bottom line and financial performance.