Korean Companies Receiving Large Scale Orders from Overseas

Korean companies have recently been receiving large scale orders from overseas.
Samsung Engineering, which formed a consortium with a German company, Linde, won a contract to build a chemical plant in Southeast Asia worth 330 million dollars.
Samsung announced on November 11 that it received a construction contract from Petronas, a Malaysian state-run oil company, and Union Carbide of the United States who will jointly own the finished facility. They formally signed a contract at Petronas headquarters in Kuala Lumpur, Malaysia.
This plant which will be constructed in Curde, 400 km northeast of Kualarumpur will produce 600,000 tons of etylene and 90,000 tons of propylene per year.
Hyundai Construction Co announced that it succeeded in drawing 300 million dollars worth of foreign capital from Alstom of France for the construction of a railroad to the new airport in Inchon.
Earlier, Daewoo Heavy Industries Co announced that it received an order to build 13 ships for the U.S. company CTR valued at 400 million dollars and will formally sign the contract early in December.