Engineering and construction company Larsen & Toubro (L&T) has won a US$740mn order for the design and construction of Doha Metro project?s Gold Line in Qatar
Awarded by Qatar Railways Company, L&T said that its heavy civil infrastructure business segment secured the order along with joint venture partners Greece?s Aktor, Turkey?s Yapi Merkezi Insaat and STFA Group and Qatar?s Al Jaber Engineering.
The deal includes design and construction of twin tunnels for 11km and nine underground metro stations.
The total value of the metro project is US$4.4bn and will be completed in 54 months, the Indian firm said.
This project is among the key infrastructure projects of national interest, according to the Qatar National Vision 2030 report.
SN Subrahmanyan, senior executive vice-president (infrastructure and construction) at L&T, said, ?This order, close on the heels of Riyadh Metro order, has been won in the face of stiff global competition and reflects the growing confidence of clients in L&T?s capability to handle mega projects in the Middle East.?
?We are seriously pursuing our programme of internationalisation and such orders go a long way in opening the doors to new geographies and opportunities,? Subrahmanyan added.
