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Today's Headlines
Hyundai E&C Wins $2 Billion Construction Deal in Qatar
 
  May 2, 2008 -- Hyundai Engineering & Construction Co., South Korea's third largest builder, said Friday it has inked a $2.07 billion preliminary deal to build a desalination and electric power plant in northeastern Qatar. The plant will be built by 2011 in Ras Laffan Industrial City, 80 kilometers north of Doha, the capital of Qatar, the South Korean builder said. If completed, the plant will have a generating capacity of 2,728 megawatts and a fresh-water production capacity of 25,000 tons a day, Hyundai Engineering & Construction said.

Abstracted from Asia Pulse

 
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