Construction firm GHV Infra Projects secures a contract worth 2,645 crore Indian rupees in the United Arab Emirates.
GHV Infra Projects Secures Major Contract for Erisha Smart Manufacturing Hub
In a significant development, GHV Infra Projects has been awarded an Engineering, Procurement, and Construction (EPC) contract worth Rs 2,645 crore from Rana Exim FZ-LLC in the UAE. The project involves the development of the Erisha Smart Manufacturing Hub in the Ras Al Khaimah Economic Zone (RAKEZ).
The Erisha Smart Manufacturing Hub project, scheduled for completion within 24 months, excluding a 90-day initial setup and mobilization period, will see GHV Infra Projects construct industrial and commercial buildings. This contract has significantly boosted GHV Infra Projects' order book, taking it over Rs 7,000 crore.
GHV Infra Projects, currently engaged in the infrastructure and construction business, operates in sectors such as energy, environment, industrial, and transportation. The company's Chairman, Jahid Vijapura, has stated that they will continue to pursue selective project options in the near term.
The Erisha Smart Manufacturing Hub project is a testament to GHV Infra Projects' capabilities and expertise in the EPC sector. With this project, the company is poised to make a significant contribution to the UAE's industrial and commercial sector.
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[1] Source: [Link to the source for the project details] [2] Source: [Link to the source for the order book details]
- The Erisha Smart Manufacturing Hub project will be a significant addition to GHV Infra Projects' portfolio in the energy and industrial sectors of the business and economy.
- The UAE's economy and industry are expected to benefit from the construction of the Erisha Smart Manufacturing Hub, as it will bring advanced commercial and industrial infrastructure to the Ras Al Khaimah Economic Zone.
- The Erisha Smart Manufacturing Hub project will be a substantial contribution to GHV Infra Projects' ongoing work, which also includes energy, environment, and transportation projects and initiatives.
- The successful completion of the Erisha Smart Manufacturing Hub project, expected within 24 months, will further strengthen GHV Infra Projects' position in the EPC sector and the global construction industry.
- Finance and investment opportunities in GHV Infra Projects may arise as a result of the company's Growing order book, currently surpassing Rs 7,000 crore, largely due to the Erisha Smart Manufacturing Hub project.
[1] Source: [Link to the source for the project details][2] Source: [Link to the source for the order book details]
