Larsen & Toubro to bid for new Muscat airport

Mumbai: Engineering and construction major Larsen & Toubro is set to bid for building the new greenfield airport at Muscat in Oman.
The contract value was expected to be in the region of Rs 2,500-3,000 crore, said an executive familiar with the negotiations.
The company has already built two greenfield airports in India and is currently engaged in the modernisation of the Delhi and Mumbai airports.
"The government of Oman is in the process of inviting bids. We will be submitting bids," the executive said asking not to be named. The bid will be submitted through L&T Oman, a wholly owned subsidiary of L&T, which has ongoing construction work in Oman.
When contacted, K V Rangaswamy, president, construction division, L&T, said, "We will look for foreign airport modernisation contracts and greenfield airports as and when they come up. We have the expertise and are part of the all major airport projects in the country."
The current international airport at Muscat is called Seeb airport and it handles around 4.2 million passengers a year. The new airport will come up around 15 km away and will have a capacity of 12 million passengers a year in the first phase and 48 million passengers eventually. The first phase expected to be completed in three years.
01/06/08 Indulal PM/Hindustan Times

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Categories: Airports May 2008, Foreign May 2008, New May 2008