L&T Oman wins Mandarin Oriental Muscat deal
MUSCAT, September 11, 2019
The Buildings and Factories business of L&T Oman has been awarded the main works contract of The Mandarin Oriental, Muscat by Eagle Hills, Muscat.
The project involves the construction of the Mandarin Oriental Hotel Muscat and the residences at the Mandarin Oriental, Muscat.
It is a significant contract for L&T, the company said. L&T defines a significant contract as being between INR10,000 million and INR25000 million ($140 million and $349 million)
L&T will oversee the overall construction within the site, which includes a 150-key hotel and 156 units of branded residences, as well as 1,622 sq m of retail areas, podium and basement. L&T will also undertake the associated external works, services, and hard and soft landscaping works.
The business has also secured an add-on order to construct a residential tower for a leading developer in Hyderabad.
Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $21 billion in revenue. It operates in over 30 countries worldwide. -TradeArabia News Service