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India’s L&T wins $93m deal to build Oman airport

India’s L&T wins $93m deal to build Oman airport

DOHA: Larsen & Toubro (Oman), a subsidiary of India’s L&T, has bagged an order worth $93.1 million to construct a regional airport in Oman.

The scope of works includes construction of passenger terminal building, ATC complex, cargo and other service buildings including mechanical, electrical and plumbing (MEP) works, special systems and external works, the company said in a statement.

It added that the project is scheduled to be completed in 24 months.

This will be the third airport project to be executed by L&T in the country, the statement said.

It was reported in October that a new passenger terminal with annual capacity of 12 million travellers at the Muscat International Airport is now due to open by the end of 2016, about a year later than the previous estimate.

The original completion date was for early 2014 but issues such as the arrest of illegal workers and technical difficulties have caused delays.

Oman has been spending heavily to diversify the economy beyond petrochemical revenues, which accounted for around 50 percent of 2014 gross domestic production.