
Larsen & Toubro’s Transportation Infrastructure business has secured twin contracts from DubaiLarsen & Toubro’s Transportation Infrastructure business has secured twin contracts from Dubai’s Roads and Transport Authority (RTA) to develop the Latifa Bint Hamdan Corridor, marking another major overseas infrastructure project for the Indian engineering and construction major.
The two contracts comprise one ‘Large’ order and one ‘Significant’ order. According to L&T’s order classification, a Large contract is valued between ₹2,500 crore and ₹5,000 crore, while a Significant contract falls in the ₹1,000 crore to ₹2,500 crore range. This puts the combined indicative value of the two contracts in the ₹3,500 crore to ₹7,500 crore range, although L&T has not disclosed the exact contract values.