Leighton Holdings Ltd (ASX:LEI) awarded US$230m contract in India

General News


Infrastructure, resources and property company Leighton Holdings Ltd (ASX:LEI) has been awarded a contract to build a computer services park in India worth US$230 million.

The contract with Tata Realty and Infrastructure Ltd - an arm of Tata Group one of India’s largest conglomerates, involves the construction of IT offices, a convention centre, retail, residential, hospitality, entertainment, and carpark facilities.

Managing director of Leighton International, David Savage, says India is a core market for Leighton International and the company is committed to the country for the long-term.

Mr Savage says Leighton is currently undertaking a range of large-scale infrastructure, building and offshore oil and gas projects throughout the country and expects to consolidate its position as the leading international contractor in India by securing a number of major projects this year. Leighton Holdings 2008 net profit was $607.8 million.

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