L&T wins $135 million Qatar World Cup stadium contract, official says


A sign of Larsen and Toubro (L&T) is placed on a road divider in Mumbai, India May 25, 2016. REUTERS/Shailesh Andrade/Files

DOHA (Reuters) - Larsen & Toubro Ltd has secured a contract to build a $135 million stadium for Qatar's 2022 World Cup, an official told Reuters on Monday, a boost for the Indian firm facing a slowdown in its key Middle East market due to low oil prices.

"As part of a joint venture, L&T will serve as a contractor building the 40,000 seat Al Rayyan stadium," said the Qatari government official, who declined to be named as he was not authorised to speak publicly.

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