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Samsung C&T Corp And Consortium Receive Contract-Reuters


Monday, 29 Jul 2013 07:45pm EDT 

Reuters reported that Samsung C&T Corp said it had won a KRW2.19 trillion ($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. 

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