GHV Infra Projects Limited has announced that it has secured a major international contract for the development of a large-scale industrial and commercial hub in the United Arab Emirates (UAE). The company has received a Letter of Award (LOA) from Rana Exim FZ-LLC, a registered entity at Ras Al Khaimah Economic Zone (RAKEZ), UAE.
Under this engineering, procurement, and construction (EPC) contract, GHV Infra Projects will undertake the full development of the “Erisha Smart Manufacturing Hub,” which will consist of state-of-the-art industrial and commercial buildings. The total project value stands at approximately ₹2,645 crore (AED 1.12 billion). The construction is expected to be completed within 24 months, excluding an initial 90-day mobilization and setup period.
This contract marks a significant step for GHV Infra Projects in expanding its international footprint. It is worth noting that this is an overseas order, with no related party involvement, and has been awarded by a non-domestic entity. There is no promoter or group company interest in the awarding entity, and the transaction does not fall under related party contracts.
