Daewoo consortium wins $1.4 billion project in Algeria

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Daewoo consortium wins $1.4 billion project in Algeria

A Korean consortium organized by Daewoo International won a $1.4 billion order to build two power plants in Algeria from the state-run utility Sonelgaz, Daewoo said yesterday.

Daewoo International, Hyundai Engineering and Construction and Hyundai Engineering won the order to build power plants in Biskra and Jijel provinces in Algeria, Daewoo said in a statement.

Reuters
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