FINANCIAL NEWS

Alstom, Arabian Bemco sign company-constructing deal

03 Dec 2013

(MENAFN) Alstom has signed a deal with Arabian Bemco Contracting Co. Ltd. to create joint venture (JV) company, according to Arab News.

The announcement was revealed by president of Alstom Thermal Power in the Saudi Water and Power Forum 2013.

Alstom will construct a world-class manufacturing facility in Saudi Arabia for the components of generating power.

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