3 days ago

L&T Unit Wins Dubai Contracts Worth Up To ₹7,500 Crore

L&T Unit Wins Dubai Contracts Worth Up To ₹7,500 Crore
L&T unit secures a 'significant' and a 'large' contract in Dubai worth up to ₹7,500 crore · CNBC TV 18

An L&T unit has won two construction contracts in Dubai.

One contract is called “significant,” while the other is called “large.”

Together, they could be worth up to ₹7,500 crore.

The projects are expected to finish by the end of 2028.

They will help develop the Latifa Bint Hamdan Corridor.

The corridor will be about 12 kilometres long after the work is completed.

It will connect several important roads in Dubai.

This should make it easier for people and vehicles to travel between those roads.

Key facts

Contracting company
An L&T unit
Contract classification
One “significant” and one “large” contract
Reported value
Up to ₹7,500 crore
Location
Dubai
Completion target
End of 2028
Corridor length
Approximately 12 km after completion
Connected roads
Sheikh Zayed Road, Al Khail Road, Al Meydan Street, Sheikh Mohammed bin Zayed Road, Sheikh Zayed bin Hamdan Al Nahyan Street and Emirates Road

Sources

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