Two S. Korean builders win huge deals from UAE

Tuesday, September 1, 2009
By KRbuilders

Two South Korean construction giants said Thursday they have won massive orders to build integrated gas facilities in the United Arab Emirates, the latest in a series of mega deals clinched in the Middle East region. GS Engineering & Construction Corp., South Koreas No. 2 builder, said that a consortium led by it has won a US$2.2 billion order to build a gas plant facility in the Habshan region of the UAE, according to South Korea News Agency (Yonhap). The South Korean company owns a 55-percent interest in the consortium.

Two S. Korean builders win huge deals from UAE

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