Tanco Holdings Bhd said it has entered into a joint-venture deal with a China-backed construction firm to jointly bid for logistics warehouse and mega-storage construction projects. The firm, CNECC Engineering (Malaysia) Sdn Bhd (CEMSB), is engaged in building construction and project management, with its ultimate parent company being China Nuclear Industry HuaXing Construction Company Ltd. In a filing with Bursa Malaysia on Tuesday, Tanco said the agreement, entered into via its wholly-owned subsidiary Tanco Builders Sdn Bhd (TBSB), aims to leverage the strengths of both parties.