Reuters logo
5 years ago
South Korea's Doosan Heavy says wins $1 billion order in Saudi Arabia
December 10, 2012 / 5:32 AM / 5 years ago

South Korea's Doosan Heavy says wins $1 billion order in Saudi Arabia

SEOUL (Reuters) - Doosan Heavy Industries and Construction Co Ltd (034020.KS) said on Monday it won a 1.1 trillion won ($1.02 billion) order to build a desalination plant in the Yanbu Industrial Area, Saudi Arabia, from the country's Saline Water Conversion Corporation.

The South Korean company said in a regulatory filing the contract is set to be completed by July 2016, with construction expected to take 42 months from the site hand-over date.

($1 = 1081.6500 Korean won)

Reporting by Joyce Lee; Editing by Muralikumar Anantharaman

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below