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L&T got to build Nakheel's residential project in Dubai


L&T got to build Nakheel's residential project in Dubai

Last updated: April 27 2007
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  • L&T got to build Nakheel's residential project in Dubai

    Larsen & Toubro Limited (L&T), India's largest technology, engineering, and construction company, has won a Rs2 billion (Dh177.6 million) order from Nakheel to build a residential project in Dubai, the company said in an e-mailed statement.

    ''The project will be executed by ECC, L&T's construction division, and marks the growing presence of the company in the thriving construction market of the Middle East,'' it said.

    ''The project involves construction of luxury villas and associated infrastructure facilities including a club house and children's play area at the upmarket Jumeirah Islands,'' the statement said.

    The entire construction is scheduled to be completed in 548 days from the date of commencement and involves the construction of 31 luxury villas.

    The scope of the project also includes building the associated infrastructure facilities consisting of 1,000 metres of roads and services, a pedestrian overpass, club house with recreational facilities, children's play area and complete landscaping.

    Nakheel, a leading project developer in UAE, is involved in several major property development projects with investments to the tune of $12 billion in Dubai. This is the third project from Nakheel being awarded to L&T. The previous projects are the middle bridges on the trunk of the Palm Jumeirah Island development, which has already been executed, and the Mogul Gardens.

    Larsen & Toubro Limited is a $4 billion technology, engineering and construction company, with global operations. It is one of the largest and most respected companies in India's private sector.
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