L&T likely to make hiring in Saudi for new metro rail project: Media Report

L&T likely to make hiring in Saudi for new metro rail projec
Mumbai-headquartered, Infrastructure major Larsen & Toubro (L&T), is likely to hire staff from Saudi Arabia for its biggest ever foreign order.

The proposal of hiring the staff in West Asian country is on the back of Rs 8,250-crore contract to build a metro rail in Saudi Arabia's Riyadh, said the media report.

Moreover, the company will also shift some of its employees from India to Saudi Arabia, added the media report.

"We have reasonable resources in Riyadh but because it is a big project, we will send some of our important resources and hire more people locally," L&T, Whole-Time Director and Senior Executive Vice-President (Infrastructure And Construction), S N Subrahmanyan, told media.

Moreover, the project is to be implemented over four years.

Read more about: larsen toubro
Story first published: Wednesday, July 31, 2013, 9:22 [IST]
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Thousands of Goodreturn readers receive our evening newsletter.
Have you subscribed?