Capacit'e targets Middle East expansion after Maldives entry

Mumbai-based engineering, procurement, and construction firm Capacit’e Infraprojects is expanding into international markets, with its first project currently underway in the Maldives through a joint venture with a local partner. The company, which holds an order book worth Rs 120 billion from the Indian market, is also considering similar partnerships and projects in West Asia, Subir Malhotra, whole-time director, mentioned during an interaction.

Malhotra explained that the company is open to seeking partners and good projects in West Asia. He emphasized that their initial approach involves identifying strong local partners, with whom they want to form joint ventures.

News source: Business Standard

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