Doosan Heavy Industries wins KRW 1.01 trillion contract for Saudi casting and forging plant
Doosan Heavy Industries & Construction signed a contract with Tuwaiq Casting & Forging Company to build a casting and forging plant in Saudi Arabia. The contract is valued at KRW 1.01 trillion (approx. USD 846 million) and runs from 15 February 2022 to 14 January 2025.
Value
$846.0M (1010.7B KRW)
Capacity
60,000 tons per year
Productscasting and forging plant construction
“두산중공업은 Tuwaiq Casting & Forging Company와 사우디아라비아 주조/단조 공장 건설 PJT 계약을 체결했다고 11일 공시했다.”biz.heraldcorp.com
- 4 sources
- biz.heraldcorp.com두산중공업, 1조166억 규모 사우디 주조·단조 공장 건설공사 수주 - 헤럴드경제이지윤2Feb 11, 2022
- meconstructionnews.comSouth Korea’s Doosan Heavy to build $834mn casting and forging facility in KSAGavin DavidsFeb 14, 2022
- constructiondigital.comSouth Korea’s Doosan wins $834mn Saudi EPC contract | Construction DigitalDominic EllisFeb 14, 2022
- gulfconstructiononline.comDoosan Heavy wins $834m forging plant dealBina GoveasMar 1, 2022
Summarized from public sources; check the original articles before acting on it.