Larsen & Tubro
L&T's construction arm bags 'significant' contract in Bangladesh
New Delhi/IBNS: Larsen & Toubro on Wednesday said its construction arm has bagged a 'significant' contract fom the Bangladesh Hi-Tech Park Authority to construct Hi-Tech IT Parks at eight locations across the country. This project is being funded by the Indian EXIM Bank and is the first IT & Office Space order that L&T has secured in Bangladesh.
"The construction arm of Larsen & Toubro has secured an order from the Bangladesh Hi-Tech Park Authority to construct Hi-Tech IT Parks at 8 locations (2 packages at 4 locations each) across Bangladesh," the company said in a statement.
The major scope of work for the project comprises Procurement and Construction of seven storied structural steel buildings at all 8 locations with BUA of 1.2 million sq.ft. including Civil, Finishes, Façade, and Electromechanical works with LEED Gold rating.
The scope also includes HVAC, Lift, Electrical, Fire Fighting System, Public Health Engineering, Networking & Security System, Building Management System, Site Development, Road, Boundary wall, Landscaping, Arboriculture etc.
The project locations are in Rangpur, Natore, Jamalpur, Mymensingh, Dhaka, Khulna, Gopalganj and Barishal districts of Bangladesh. The project is scheduled to be completed within stringent timelines.
The company did not provide the value of the contract but stated that the order fall under the "significant" category, which ranges between the Rs 1,000 crore and Rs 2,500 crore, according to the classification of contracts provided by L&T in its press note.
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