India's L&T wins Doha Metro deal
Mumbai, April 27, 2014
India's L&T Construction has made a major breakthrough in Qatar by winning a $740 million contract order from Qatar Railways Company for the design and construction of the Gold Underground Line of the Doha Metro project, reports said.
L&T's Heavy Civil Infrastructure Business division secured the order along with its joint venture partners Aktor - Greece, Yapi Merkezi Insaat - Turkey, STFA Group - Turkey and Al Jaber Engineering - Qatar.
The total value of order for the joint venture is $3.3 billion. The project is scheduled to be completed in 54 months.
The contract includes the design and construction of twin tunnels for an approximate length of 11 Km and nine underground metro stations.
"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," said S N Subrahmanyan, member of the board and senior executive vice president (Infrastructure and Construction) L&T.