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L&T’s arm secures project to construct Mandarin Oriental Hotel, Muscat

11 Sep 2019 Evaluate

Larsen & Toubro's overseas subsidiary -- L&T Oman LLC has been awarded the main works contract of The Mandarin Oriental, Muscat by Eagle Hills, Muscat. The project involves the construction of the Mandarin Oriental Hotel Muscat and the residences at the Mandarin Oriental, Muscat.

The company will oversee the overall construction within the site, which includes a 150-key hotel and 156 units of branded residences, as well as 1,622 square meters of retail areas, podium and basement. The company will also undertake the associated external works, services, and hard and soft landscaping works. The business has also secured an add-on order to construct a residential tower for a leading developer in Hyderabad.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.

Peers
Company Name CMP
Larsen & Toubro 3860.00
Kalpataru Projects 1447.10
NCC 137.00
Rail Vikas Nigam 210.30
KEC International 402.50
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