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Singapore's Meinhardt works out engineering strategy for India

Press Trust of India  |  Singapore 

Singapore-based Meinhardt group today said it is strengthening its engineering position to bid for mega infrastructure projects in

"is one of our fastest growing markets and is poised to become a more significant contributor to the Group over the next 5 years," Meinhardt Group's chief executive officer Omar Shahzad told PTI.


The group has done more than 60 projects in in the past 17 years.

Speaking after Road Transport, and Shipping Minister Nitin Gadkari's meetings with businesses this week, Omar said: "As Indian cities develop, there will also be a growing demand to develop infrastructure, particularly transport infrastructure."

will need USD 1.15 trillion in infrastructure over the next 10 years just to bridge the gap in infrastructure demand and supply.

"It would need lots more to create growth," he added, pointing out reports about transport infrastructure deficit having an adverse impact on growth in

Noting some of the mega project announcements in India, Omar said "Our strategy is to provide for India's next wave of urban development and infrastructure requirements which will include heavy duty engineering capabilities and more efficient construction processes."

Meinhardt is well positioned to undertake large and complicated urban development and infrastructure projects to meet India's development needs, Omar elaborated.

Omar said Meinhardt's deep expertise in multi modal transport infrastructure globally can help address its infrastructure development needs, echoing strategies of a number of international engineering groups closely following on mega project announcements in

He noted Gadkari's recent announcement of a multi- billion-dollar development by the Mumbai Port Trust along the Mumbai coastal areas.

Going forward, one of the main concerns would be to reduce the long-lead time in completing mega projects.

"We believe our track record in value engineering to help customers reduce construction time and costs can help address this gap," added Omar.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, April 26 2017. 09:02 IST
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