National Buildings Construction eyes overseas projects.

National Buildings Construction Corporation Ltd. (NBCC) is eyeing business overseas and exploring the possibilities of projects in Oman, Botswana and neighbouring countries.

'The company is opening office branches in Botswana and Oman and has tied up with a company in Oman for development of an infrastructure project that could hopefully book some revenue in the last quarter this fiscal.' NBCC Chairman and Managing Director Anoop Kumar Mittal said.

'We are also looking at opportunities in Sri Lanka, Bangladesh and Myanmar,' SK Pal, Director (Finance), said.

NBCC also wants to focus on redevelopment of Government properties. Mittal said, 'The Government has allotted us three projects in the National capital - Netaji Nagar, Kasturba Nagar and Thyagraj Nagar - for redevelopment.

'State Governments of Odisha and Rajasthan have also assigned projects to NBCC.'

The company is currently engaged in redevelopment of East Kidwai Nagar, New Delhi, which is a Rs. 5,000-crore project.


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