Vizag Port Expansion Contract Awarded to Leighton Holdings (India)
- Business & Finance
Leighton will undertake the construction work, which includes widening the existing 350 metre long general cargo berth by 21 metres for coal unloading, as well as providing foundations for 2.5 kilometres of conveyor gallery and the construction of a new stockyard and administration building.
Leighton India’s construction work is worth US$45 million. Work is expected to begin in July and be completed by mid 2012.
“The Indian market presents enormous opportunities for Leighton, and we are well positioned with a strong mix of international experience and local knowledge to capitalise on the pipeline of projects coming forward over the coming years ”.Said Mr Russell Waugh The Managing Director of Leighton India.
Source: Leighton, July 1, 2010