IL&FS Transportation Networks provides update on subsidiary - IIPL Laos, Singapore
IIPL Laos, Singapore secures road project worth USD 165 million in Laos
IL&FS Transportation Networks announced that its wholly owned subsidiary, IIPL Laos, Singapore has entered into a contract for rehabilitation and development works of the National Road 1 with a length of 165 km including construction of 33 new bridges in the People's Democratic Republic of Laos. The contract is awarded to a consortium in which IIPL Laos is the lead member having 90% stake. The construction period is 42 months at an estimated cost of USD 165 million (Rs 1100 crore)Powered by Capital Market - Live News
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First Published: May 11 2017 | 2:23 PM IST