LT signs contract to build stadium for FIFA World Cup 2022

Larsen & Toubro’s Construction arm along with its joint venture partner in Qatar, Al Balagh Trading & Contracting, has signed a contract to build stadium with a seating capacity of 40,000, as a part of the sports infrastructure being built by the Emirate to welcome 2022 FIFA World Cup. The announcement of the contract was made by Supreme Committee for Delivery and Legacy at a signing ceremony that was well-attended.

 

For both joint venture partners, the contract for the project is for a combined value of USD 360 million and it planned to be completed by 2019. The scope for the stadium encompasses construction of the site and main works, followed by completion of the enabling works.

 

Dr. Jens Huckfeldt, Chief Executive of L&T Qatar, commented that It was a matter of immense pride for Larsen & Toubro along with its joint venture partner Al Balagh, to fortunately have been given the responsibility to design and construct the Al Rayyan Stadium and Precinct in association to the historic first Middle Eastern FIFA World Cup in 2022. He added that he was greatly mindful of the faith and confidence provided by the Supreme Committee for building the stadium and they were committed to produce a master piece. He further continued that executing a project of this magnitude and significance would positively reinforce the relationship between all the stakeholders and create a base for a mutually beneficial association.

 

Inspired by dune-like structures and local patterns, the stadium and its precinct design shall resemble sand dunes that hover around the traditional desert tents. A landmark in the making, the stadium of Al Rayyan shall be one of the most important stadiums designated to host games up to quarter-finals in the eagerly awaited FIFA World Cup, 2022.

 

Background:

Larsen and Toubro is an Indian multinational company engaged in engineering, technology, manufacturing, construction, and financial services with USD 16 billion in revenue.

 

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