South Korea's Doosan Heavy says wins $1 billion order in Saudi Arabia
SEOUL (Reuters) - Doosan Heavy Industries and Construction Co Ltd (034020.KS) said on Monday it won a 1.1 trillion won ($1.02 billion) order to build a desalination plant in the Yanbu Industrial Area, Saudi Arabia, from the country's Saline Water Conversion Corporation.
The South Korean company said in a regulatory filing the contract is set to be completed by July 2016, with construction expected to take 42 months from the site hand-over date.
($1 = 1081.6500 Korean won)
(Reporting by Joyce Lee; Editing by Muralikumar Anantharaman)