Australia-based construction firm CIMIC Group’s company, Leighton Asia, has secured a deal worth US$ 169.5 million with an Indian company to build a retail and hospitality development project in Mumbai. Leighton Asia, through its subsidiary Leighton India Contractors, has entered into an alliance agreement to deliver phases II and III of the Maker Maxity project in Mumbai.
According to company’s statement, the agreement to deliver these phases of Maker Maxity project is expected to generate revenue of over US$ 169.5 million for Leighton Asia.
The Maker Maxity project is a premium mixed use development located in Mumbai’s Bandra Kurla Complex and the phases II and III comprise a premium retail and hospitality development.
Manuel Alvarez Munoz said, managing director, Leighton Asia, “We are delighted to have secured our first major project with the Maker Group, one of India’s most prestigious developers. Leighton Asia will bring its international experience, wealth of local knowledge and commitment to safety and quality to facilitate the timely completion of this major project.”
The work is expected to be completed by 2019.
(PTI)