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Leighton wins contract for major Indian development

29 Jun 16 Leighton Asia subsidiary Leighton India Contractors has entered into an alliance agreement to deliver two phases of a major mixed-use development project in Mumbai.

The work involves phases two and three of the Maker Maxity project in the Bandra Kurla Complex, an area that is developing into a major investment banking hub. Phases two and three comprise a premium retail and hospitality development.

The agreement is expected to generate revenue of approximately AU$223m (£123m). “This award illustrates Leighton Asia’s reputation in India for delivering excellent results,� said Marcelino Fernández Verdes, who is executive chairman and chief executive officer of parent company Cimic Group. This is a major achievement in a competitive market.�

Leighton Asia managing director Manuel Alvarez Munoz added: “We are delighted to have secured our first major project with the Maker Group, one of India’s most prestigious developers.�

Completion is targeted for mid�2019.

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