Financial Daily from THE HINDU group of publications Tuesday, Mar 16, 2004 |
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Corporate
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Announcements L&T bags Rs 70-cr hotel deal in Bahrain Our Bureau
Mumbai , March 15 LARSEN & Toubro has won a contract worth Rs 70 crore for construction of a 15-storied hotel and service apartments for the Radissons Group, a news release from the engineering and construction company said. This is L&T's first contract in Bahrain, and this also complements its growing list of engineering and construction projects in Saudi Arabia, Qatar, Kuwait, Oman and Jordan, said the news release. The new buildings will be part of the major expansion project of the Diplomat Hotel (of the Radissons Group) that is located in Manama City in Bahrain. L&T's engineering, construction and contracts division would be engaged in civil, structural, electro-mechanical services and facades of the 22,000 square meters hotel to be completed within 77 weeks, the release added.
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