Doosan Heavy secures $1B plant deal in Saudi ArabiaDoosan Heavy Industries & Construction, Korea’s leading power equipment maker, said yesterday it has clinched a 1.1 trillion won ($1 billion) deal to build a seawater desalination facility in Saudi Arabia.
Under the deal with Saudi Arabia’s Saline Water Conversion Corporation (SWCC), Doosan Heavy will build the facility in Yanbu, 350 kilometers (217 miles) north of the country’s second-largest city of Jeddah, by July 2016, the company said in a regulatory filing.
Last month, Doosan Heavy made a similar deal with SWCC to build a desalination plant in Saudi Arabia.
Doosan Heavy has secured multiple contracts from the Middle Eastern region to construct facilities that produce a combined 6.4 million tons of fresh water per day.
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