Economy · World
EIL sees over $1 billion opportunity in West Asia infrastructure rebuild
Engineers India Ltd (EIL) chairman and managing director Atul Gupta stated that regional conflicts in West Asia have created an opportunity for rebuilding oil and gas infrastructure, potentially worth over $1 billion. Gupta indicated that proposed pipeline projects in Saudi Arabia and the UAE could be valued at approximately $1 billion, with an estimated completion timeline of two to three years. EIL sees this as a significant opportunity in the Middle East Gulf (MEG) region.
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- Centre (2): Mint, The Hindu BusinessLine