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FINANCIAL NEWS
S. Korea’s Hyundai to build USD1.4 b-worth power plant in Kuwait
16 Dec 2013
(MENAFN) South Korea”s Hyundai Heavy Industries has won a power-plant project deal and a desalination facility in Kuwait worth USD1.4 billion along with its French partner Sedim, according to Arab News.
Hyundai will build a USD970 million gas-fired power plant in Kuwait, while the French firm Sedim will build a water desalination plant in Kuwait.
The constructing process is expected to start in the current December and end in 2016.
More News
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