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L&T JV Bags $360 million Contract to Build Stadium in Qatar
10 September 2016

Larsen & Toubro has announced signing a contract along with its joint venture partner in Qatar to build a 40,000-seater stadium for $360 million. This is part of the sports infrastructure being readied by the Emirate in preparation for the 2022 FIFA World Cup. The contract was announced by Qatar’s Supreme Committee for Delivery and Legacy. L&T’s JV partner is Al Balagh Trading and Contracting. The project is slated to be completed by 2019. The scope for the stadium includes main works and construction of the site. A landmark in the making, the Al Rayyan stadium will be one of the most signifi cant stadiums to host the games up to the quarter-finals in the 2022 FIFA World Cup.

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