Punj Lloyd bags contracts worth $392 mn in Libya

Engineering and construction major Punj Lloyd has bagged three contracts worth Rs 1,873 crore ($392 million) from the Housing and Infrastructure Board of Libya. As per the contract, the Indian company will build roads, networks for drinking water, sewage water and storm water and electrical and communication infrastructure in three towns in Libya.

The contract is scheduled for completion within 48 months. This is company’s third infrastructure project in Libya with the same client. With this order, Punj Lloyd is look forward to playing a key role in building the infrastructure of Libya.