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L&T’s construction arm bags order for design freight handling facilities in UAE

04 Feb 2020 Evaluate

Larsen & Toubro’s (L&T) construction arm has been awarded an order by Etihad Rail Company PJSC for the design and build of freight handling facilities at 7 strategic locations across United Arab Emirates (UAE). This design and build contract for freight facilities package has been bagged against stiff international competition and is a major breakthrough project for L&T in the Stage-2 expansion phase of Etihad Rail. This project will be executed in Joint Venture with Power China.

All the freight stations will include railway siding and track works apart from other infrastructure works such as bridges, buildings, roads & drains, water and electricity utility systems.

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 3699.10
Kalpataru Projects 1393.45
NCC 125.10
Rail Vikas Nigam 190.50
KEC International 369.70
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