IL&FS Transportation Networks - Spain subsidiary - Elsamex S.A., has bagged contract worth 40.72 million Euro i.e. approximately Rs 265.26 crore. The company has bagged the contract from the Government of Haiti and the time for completion of the project is 30 months.
Earlier, Elsamex S.A. had participated in the bid tendered by the Ministry of Civil Works, Transports & Communications, Government of Haiti, for rehabilitation works on 44.205 kms of road on the National Route 3 between Hinche and Saint Raphael. The European Union Development Fund is funding the project.
IL&FS Transportation Networks has been involved in the development, operation and maintenance of national and state highways, roads (including urban roads), flyovers and bridges in Andhra Pradesh, Delhi, Gujarat, Maharashtra, Karnataka, Uttar Pradesh, Kerala, Jharkhand and Rajasthan.
