Punj Lloyd eyes infra projects worth $ 2 bn in Africa

Looking at strengthening its position in rapidly growing Africa, infrastructure firm Punj Lloyd has bid for projects there and expects business worth USD 2 billion (Rs 9,000 crore) over two years from the continent.

May 29, 2011 / 17:45 IST

26 Aug, 2025 12:21

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Looking at strengthening its position in rapidly growing Africa, infrastructure firm Punj Lloyd has bid for projects there and expects business worth USD 2 billion (Rs 9,000 crore) over two years from the continent.

"We are expecting the whole GDP of Africa to double in next 5-7 years...We would like to have an order book in Africa in next two years (that is worth) at least two billion dollars," Chairman Punj Lloyd Atul Punj told PTI.

He said the company has been shortlisted for five projects in the continent and they range from oil and gas to infrastructure.

"We have bid for five projects and hope to get at least three to four," Punj said, adding that they are based on EPC (engineering, procurement and construction) basis.

first published: May 29, 2011 04:41 pm

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