Doosan Wins $1.2 Billion Desalination Contract in Saudi Arabia
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Doosan Heavy Industries & Construction Co., a South Korea power equipment maker, said today that it signed a 1.1 trillion won ($1.2 billion) contract to build a power and desalination plant in Saudi Arabia.
The signing with Saline Water Conversion Corp. to build the facility in the Red Sea port of Yanbu confirmed details of a letter of agreement from last month.