Punj Lloyd Group, a leading engineering, procurement and construction conglomerate announced its entry into Kenya with the Loruk-Barpelo Road Project. Punj Lloyd has entered into a joint venture agreement with Intex Construction Limited, a local construction company in Kenya for execution of this project awarded by Kenya Highways Authority. The contract value of this project is INR 285 crores (USD 54 million).

The project entails construction of 62 km road and is located at a distance of 300 km north of Nairobi. The duration of the project is 30 months.

Commenting on this new development, Mr SS Raju CEO Infrastructure, Punj Lloyd Ltd said that “Highways segment is going to be the Group’s core business of growth in ensuing years. Our knowledge coupled with the expertise to deliver complex projects on time will complement Kenya’s ambitious plans to spur infrastructure growth and will consolidate the Group’s highways and road construction portfolio across the globe.”

He further added that “The Group will continue rational bidding with an aim to create a portfolio of infrastructure development projects in Africa.”

Punj Lloyd is proud to have been associated with some of the most complicated, prestigious and strategic projects of the region. Punj Lloyd entered the Africa region in 2006, carving a place for itself in Africa’s construction industry, poised to grow multifold in years to come

In addition to this, Punj Lloyd also won its maiden SEZ project in Gurgaon, at ASF Insignia IT at Gwalpahari, Faridabad-Gurgaon Road, Haryana worth INR 81 crores. Awarded by Canton Buildwell Pvt Ltd, the scope includes the civil and structural work, external development and facade work for construction of building B3 including three level basement, the ground floor and 17 storeys, with summative built-up area of about 1,150,000 square feet. Amenities and facilities like elevators, power back-up, water supply and sanitation, fire fighting, electronic security, intercommunication etc will be centrally provided in the complex.