Larsen & Toubro’s (L&T) construction arm -- L&T Constructions, along with its JV partner in Qatar, Al Balagh Trading & Contracting, has signed a contract to build a 40,000 seater stadium, as part of the sports infrastructure being readied by the Emirate in preparation of the 2022 FIFA World Cup. The contract was announced by the Supreme Committee for Delivery & Legacy at a well-attended signing ceremony.
The contract for the project is for a combined value of $360 million for both JV partners and is slated to be completed by 2019. The scope for the stadium includes main works and construction of the site, following completion of the enabling works.
Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with $16 billion in revenue. It operates in over 30 countries worldwide.
