Core Announcement – Order Details

Awarding Entity: Roads and Transport Authority (RTA) of Dubai

Domestic/International Order: International Order (Dubai, UAE)

Nature of Order/Contract:

The company has secured twin contracts for the development of the Latifa Bint Hamdan Corridor:

1. First Contract: Development of a new road connecting Al Khail Road with the extension of Latifa Bint Hamdan Street, including construction of bridges, tunnels, and associated road works to enhance connectivity between Al Khail Road, Latifa Bint Hamdan Street and Al Meydan Street

2. Second Contract: Development of parts of Al Meydan Street, including construction of a new interchange and associated at-grade roads, plus construction of a cycling track connecting with the existing cycling network

Order Value:

  • One contract classified as "Large" (₹2,500 to 5,000 Crore)
  • One contract classified as "Significant" (₹1,000 to 2,500 Crore)
  • Exact amounts not specified

Materiality Context:

  • Described as one "large" and one "significant" order per company's classification system
  • Part of infrastructure development in Dubai
  • Not specified if repeat business or new client acquisition

Execution Timeline:

Both projects are scheduled for completion by the end of 2028

Revenue Recognition / Billing Structure: Not Specified

Key Terms & Payment Milestones: Not Specified

Whether Related Party Transaction: No

Promoter Group Involvement: Not Specified

Financial Implication: Not Specified

Project Impact Details

Corridor Specifications:

  • Total length: Approximately 12 km upon completion
  • Capacity: 16,000 vehicles per hour in both directions
  • Daily traffic: More than 130,000 trips per day
  • Travel time reduction: From 33 minutes to 15 minutes between Umm Al Sheif Street and Emirates Road

Connectivity Benefits:

The corridor will strengthen connectivity between Dubai's key road corridors including:

  • Sheikh Zayed Road
  • Al Khail Road
  • Al Meydan Street
  • Sheikh Mohammed bin Zayed Road
  • Sheikh Zayed bin Hamdan Al Nahyan Street
  • Emirates Road

Additional Features:

  • Cycling track integration with existing network
  • Contribution to integrated route from Al Qudra to Jumeirah
  • Improved access to nearby development areas
  • Enhanced traffic flow in the area

Company Background

Larsen & Toubro is a USD 32 billion Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing, Products and Services, operating across diverse domains and multiple geographies with eight decades of leadership in major business lines.