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Mumbai Feb 6 Larsen & Toubro Ltd said it has launched a ready-mix concrete (RMC) plant with a production capacity of 2,000 cubic metres per day in Jebel Ali, Dubai.

The project is in joint venture with local partner Al Minwal Trading.

"The cost of the project is estimated at around Rs 60 crore. We are eyeing a 10 per cent market share in the United Arab Emirates by 2010," said Mr K.V. Ramaswami, Head - Construction and Member of the Board, L&T.

Engineering Construction and Contracts, L&T's construction division, will operate the plant in the UAE.

L&T also proposes to expand RMC operations in the other Emirates, specifically Abu Dhabi and Ras Khaimah as well as in Sohar and Muscat in Oman.

More Stories on : Overseas Investments | Real Estate & Construction | Larsen & Toubro Ltd

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