#42 Larsen & Toubro
Founded in Mumbai in 1938 by two Danish engineers Henning Holck-Larsen and Soren Kristian Toubro, Larsen & Toubro has established an international reputation in the infrastructure sector. In the Middle East it is particularly well known for its work in the utilities and oil and gas sectors.
Larsen & Toubro made headlines recently when it clinched a contract to build Al Rayyan Stadium in Qatar, a 40,000 seat venue that will host games for the 2022 World Cup Finals. The India-based engineering firm is building the stadium along with local contractor Al Balagh Trading & Contracting. Though the value of the project was not revealed, reports pegged it at $135mn.
Al Rayyan Stadium, Qatar