ID :
200286
Wed, 08/10/2011 - 08:27
Auther :
Shortlink :
https://oananews.org//node/200286
The shortlink copeid
Hyundai E&C wins US$154 mln order from Saudi Arabia
SEOUL, Aug. 10 (Yonhap) -- Hyundai Engineering & Construction Co., South Korea's top builder, said Wednesday that it has clinched a US$154 million deal to lay power transmission lines in Saudi Arabia.
Under the deal with Saudi Electricity Company, Hyundai E&C will build 299-kilometer power lines and 7.1-kilometer underground cables in the western and northwestern regions of Saudi Arabia by 2013.
Hyundai E&C said it is currently working on eight projects worth $2.4 billion in the Middle Eastern country.
Hyundai E&C said earlier its cumulative overseas orders reached $80.4 billion, becoming the first South Korean builder to breach the $80 billion mark.
Under the deal with Saudi Electricity Company, Hyundai E&C will build 299-kilometer power lines and 7.1-kilometer underground cables in the western and northwestern regions of Saudi Arabia by 2013.
Hyundai E&C said it is currently working on eight projects worth $2.4 billion in the Middle Eastern country.
Hyundai E&C said earlier its cumulative overseas orders reached $80.4 billion, becoming the first South Korean builder to breach the $80 billion mark.
