Indian multinational company Larsen & Toubro secures significant orders in Bangladesh
L&T secured an order from the Bangladesh Hi-Tech Park Authority for the construction of Hi-Tech IT Parks across four locations in the country, backed by EXIM Bank financing
Indian multinational conglomerate Larsen & Toubro (L&T) Construction's Buildings & Factories (B&F) business has received significant orders in Bangladesh and the company's home country.
In an exchange filing, L&T classifies orders in the range of Rs1,000-2,500 crore as significant, reports The Hindu.
L&T secured an order from the Bangladesh Hi-Tech Park Authority for the construction of Hi-Tech IT Parks across four locations in the country, backed by EXIM Bank financing. The project entails essential systems such as HVAC, Lifts, Electrical, Fire Fighting, Public Health Engineering, Networking & Security, and Building Management Systems.
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The project's major components comprise seven-storey structural steel buildings at each location, totalling 1.2 million sq ft.
Meanwhile, the Uttar Pradesh Cricket Association has entrusted L&T with the construction of a cricket stadium at Varanasi, Uttar Pradesh. To be designed and built on a turnkey basis, the stadium will accommodate 30,000 spectators. The site spans 30.67 acres and includes both finishes and allied MEP services.
