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Larsen and Toubro bags orders worth $245 mn in Oman
National,Business,
Fri, 23 Jan 2009
IANS
New Delhi, Jan 23 (IANS) Engineering and construction major Larsen and Toubro (L&T) Friday said its joint venture in Oman has bagged orders worth $245 million (Rs.11.98 billion).
The orders cover construction of a hotel and apartments for the second Asian Beach Games and a mosque and underground cabling in Oman, a statement by L&T (Oman) LLC said.
The project is scheduled to complete in less than two years, it added.
L&T (Oman) is a joint venture between L&T and Zubair Corp and has a strong presence in the Gulf country.
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