L&T exploring additional project opportunities in building GCC infrastructure
With the India-UAE business relations constantly evolving, Larsen Toubro - a US$16-billion technology, engineering, construction, projects, manufacturing and ﬁnancial services conglomerate, seeks to play a wider role in implementing more infrastructural projects in India and the GCC countries according to Mr.D.K. Sen, Senior Executive Vice-President (Infrastructure) of Larsen & Toubro- L&T.
At present, the company is implementing projects worth approximately US$ 8 Bn across the six-nation GCC region.
While participating in a session titled ‘Connecting India’ at UAE India Economic Forum 2016 which was held at Jumeirah Mina A’Salam hotel recently, Mr DK Sen said that there is huge investment scope of UAE in Infrastructure projects in Roads, Railways, Waterways, ports in India.
“We have a strong presence in 27 countries. We are constructing Mega projects metro rail systems for Riyadh, Qatar and major Indian cities. We have done several important road projects in Oman, Qatar & UAE. Also L&T has done Salalah airport & most of the Indian airports in India. Infrastructure projects including bridges and highways in Jordan and Malaysia.” Mr D.K. Sen said on the sidelines of the forum which was hosted by the Consulate General of India in Dubai and supported by the UAE Ministry of Economy.
The event, which was jointly inaugurated by Nitin Gadkari, India’s Minister for Road Transport and Highways and Shipping and Dr. Abdullah Bin Mohammed Belhaif Al Nuaimi, UAE Cabinet Member and Minister of Infrastructure Development, attracted a number of high profile dignitaries, government officials and business leaders from both countries.
The two-day forum featured multiple sessions covering various industry topics including investments, infrastructure, transportation and real estate.