L&T Oman Awarded Significant Contract for Its Buildings & Factories business
Muscat: 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.
The contract is reportedly worth more than AED 500 million, under which 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 square meters 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 USD 21 billion in revenue. It operates in over 30 countries worldwide. A strong, customer-focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for eight decades.