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Korean companies secured $34 billion worth of overseas contracts for industrial plant construction in 2024, the Industry Ministry said Tuesday, marking the highest amount in nearly 10 years.
Samsung Engineering signed a $27 million pre-construction service agreement for an offshore gas development project in the United Arab Emirates, according to the construction company’s regulatory filing Tuesday.
Samsung Engineering and CTCI signed an engineering, procurement and construction deal with Ras Laffan Petrochemicals to construct the ethylene production plant in Ras Laffan Industrial City, 80 kilometers (50 miles) south of Doha.
Samsung Engineering signed a 793.8 billion won ($622.1 million) contract with Samsung Electronics for a semiconductor plant construction project at the chipmaker’s manufacturing complex in Pyeongtaek, Gyeonggi.
Samsung Engineering and five other Korean companies signed a memorandum of understanding with Malaysia’s state energy company to establish a carbon value chain between the two countries, the companies said Wednesday.
Samsung Engineering acquired a 24 percent share of DNP Water, a Vietnamese water supply company, for $41 million, the Samsung affiliate said Thursday.
Korea JoongAng Daily Sitemap