loader2
Login Open ICICI 3-in-1 Account
  • Text Size
  • Text to Speech
  • Color Contrast
  • Pause Animations

Open ICICI
3-in-1 Account

Manage your Savings, Demat and Trading Account conveniently at one place

+91

BLOG

L&T’s Transportation Infrastructure vertical has executed two contracts from Dubai’s Roads and Transport Authority

ICICIdirect Research 01 Oct 2026 DISCLAIMER

News: L&T’s Transportation Infrastructure vertical has executed two contracts from Dubai’s Roads and Transport Authority for development of the Latifa Bint Hamdan Corridor—one classified as “Large” (₹2,500–5,000 crore) and the other as “Significant” (₹1,000–2,500 crore), implying a combined order value of ₹3,500–7,500 crore. The projects include a new road connecting Al Khail Road with Latifa Bint Hamdan Street, bridges, tunnels, road works, a new interchange and at-grade roads on Al Meydan Street, along with a cycling track. Both projects are scheduled for completion by end-2028.

View:  The twin Dubai orders strengthen L&T’s international transportation infrastructure portfolio and provide execution visibility through 2028. The ₹3,500–7,500 crore combined order band is meaningful for order-book accretion, while the corridor’s scale and multi-component scope reinforce L&T’s capabilities in large urban road and transport infrastructure projects.

Impact: Positive

Download
ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere

Download
ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere