Sojitz wins railway construction contract in India

Japanese trading house Sojitz Corp. and Indian general contractor Larsen & Toubro Ltd. have jointly won a 110 billion yen contract to build part of a 1,500-kilometer Delhi-Mumbai freight railway in India, Sojitz said Monday.

The contract is one of the biggest deals supported by Japan's official development assistance.

The first contract for the Western Dedicated Freight Corridor construction project covers a 626-km portion between Rewari in Haryana Province and Ikbalgarh in Gujarat Province.

Sojitz will procure Japanese-made rails and manage the project while its Indian partner will design, construct and manage the railway. Construction of the portion will start this summer and end in four years.