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Thu June 24 2021

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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.

Marcelino Fernández Verdes
Marcelino Fernández Verdes

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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