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Hyundai E&C says wins $1.35 billion order in Venezuela
June 28, 2012 / 5:11 AM / 5 years ago

Hyundai E&C says wins $1.35 billion order in Venezuela

SEOUL, June 28 (Reuters) - Hyundai Engineering & Construction said on Thursday that it had won a 1.56 trillion Korean won ($1.35 billion) order to expand and improve the structure of an oil factory in Puerto La Cruz, Venezuela, from Petroleos de Venezuela S.A.

The South Korean builder said in a regulatory filing that the construction is slated to be completed in 42 months. The company did not say when construction will begin.

$1 = 1156.2250 Korean won Reporting By Joyce Lee; Editing by Chris Gallagher

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