Broker Center sponsored links

S.Korea Samsung wins joint $846 mln UAE order

Thu Mar 20, 2008 8:46pm EDT
 
Email | Print | | Reprints | Single Page
[-] Text [+]

SEOUL, March 21 (Reuters) - South Korean trading and construction company Samsung Corp (000830.KS: Quote, Profile, Research, Stock Buzz) has won a joint order worth $846 million to build an underground driveway in the United Arab Emirates, the company said on Friday.

Samsung's share of the order represents 55 percent of the total amount, the company said.

Samsung and Saif Bin Darwish, a local construction company, plan to start the project from May this year and to complete it by the end of 2010, a Samsung official added.

(Reporting by Lee Jin-joo, editing by Marie-France Han)

 

Featured Broker sponsored link

Editor's Choice

Photo

A selection of our best photos from the past 24 hours.  View Slideshow 

Most Popular on Reuters