Doosan nabs 460 billion won order for Kuwait water plantDoosan Heavy Industries received an order worth 460 billion won ($387 million) to build a seawater desalination plant in Kuwait, the company said on Tuesday.
The plant arm of Doosan Group reached the agreement with Kuwait’s Ministry of Electricity and Water as part of the country’s initiative to offer better-quality drinking tap water to its residents.
Kuwait is well-known for its bad water quality. Doosan Heavy Industries, the world’s largest maker of desalination facilities, won the bid after competing against plant builders from advanced nations like France and Spain.
“Winning the order this time has helped strengthen our status in the Middle East water desalination market,” said Yoon Seok-won, head of Water BG Group at Doosan Heavy Industries. “We hope to move more aggressively to tap into the seawater desalination market across the world in the future.”
The global seawater desalination market is estimated to grow up to $4.5 billion by 2020, according to the company.
The facility will be capable of desalinating about 270,000 tons of water daily via reverse osmosis technology. This is expected to cater to about 900,000 residents.
The construction will begin soon, and Doosan aims to complete the project by November 2018.
The deal includes the supply of construction materials, actual construction and trial operation of the new plant, as well as operation and maintenance through 2023.
Doosan’s first reverse osmosis desalination plant was constructed in Shuwaikh, Kuwait, back in 2008. The company is currently still in charge of its operations and maintenance.
BY KIM JI-YOON [email@example.com]
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