01 Sep 2010
(MENAFN) South Korea’s Doosan Heavy Industries and Construction Co Ltd said that it has won a $1.46 billion contract to build a freshwater generator plant in Saudi Arabia, Reuters reported.
The company said in a statement to the Korea Stock Exhchange that it had been notified of winning the deal by Saudi Arabia’s Saline Water Conversion Corp.
The plant at Ras Az Zawr will provide drinking water to the capital Riyadh and will be completed in January 2014. It will produce one million tonnes of water a day, enough for 3.5 million people.
The company said it would be the world’s largest such plant in terms of value and water volume, beating the Al-Shoaiba desalination plant, also built by Doosan, which produces about 880,000 tonnes of water a day.
It said the deal would help it secure similar orders in other Middle Eastern countries including Kuwait and the UAE.
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more