Larsen
& Toubro Ltd has received a Rs200-crore order from
UAE-based project developer, Nakheel, to build a prestigious
residential project in Dubai''s upmarket Jhumeira island.
The
project will be executed by ECC, the construction division
of L&T, and marks its growing presence in the Middle
East construction market.
The
project involves construction of luxury villas and associated
infrastructure facilities including a clubhouse and
children''s play area at the upmarket Jhumeira Islands.
The
entire construction of the project is scheduled to be
completed in 548 days from the date of commencement
and involves the construction of 31 luxury villas.
The
scope of the project also includes building the associated
infrastructure facilities consisting of roads and services,
pedestrian overpass, clubhouse with recreational facilities,
children''s play area and complete landscaping.
Nakheel,
a leading project developer in UAE, is involved in several
major property development projects with investments
to the tune of $ 12 billion in Dubai. Nakheel has to
its credit a variety of landmark structures in Dubai.
This
is the third project from Nakheel being awarded to L&T.
The previous projects are the Middle bridges on the
trunk of the Palm Jhumeira Island Development, which
has already been executed, and the Mogul Gardens.
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