Indian Economy News

Larsen & Toubro wins contract to build stadium for FIFA World Cup 2022 in Qatar

Doha: Larsen & Toubro Limited (L&T) has won a contract worth US$ 135 million to build a stadium for FIFA World Cup 2022 to be held in Qatar. In a joint venture with a Qatari firm, L&T will serve as a contractor to construct and renovate the 40,000 seater Al Rayyan stadium, in the largest municpality in Qatar, Al Rayyan. Al Rayyan stadium will include cooling technology to help with hot climatic conditions in Qatar and its capacity will be reduced to 21,000 after the FIFA World Cup 2022, with the upper tier of seats being sent to a developing nation. L&T is one of India’s biggest industrial groups and is already involved in several infrastructure projects in the Gulf region, including the construction of a metro line in Doha.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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