S.Korea's Samsung C&T wins $2 bln order in Saudi Arabia

SEOUL, July 30 Mon Jul 29, 2013 7:45pm EDT

SEOUL, July 30 (Reuters) - Samsung C&T Corp said on Tuesday it had won a 2.19 trillion won ($1.97 billion) order to build part of the Riyadh Metro project in Saudi Arabia.

The South Korean builder said in a regulatory filing it had won the order as part of a consortium of unidentified partners, of which Samsung C&T's portion amounts to $1.97 billion.

The contract period will last 60 months, Samsung C&T said.

($1 = 1110.5500 Korean won) (Reporting by Joyce Lee; Editing by Paul Tait)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.