Procurement And Tender News

Tendersinfo keep you informed about the latest events in the national and international Procurement Industry. Procurement News provides in-depth coverage of the procurement industry, including contract awards, contract additions, new contract wins, mergers and acquisitions. Tendersinfo through its tender news section provides an update on all domestic and global tendering opportunities, invitation to bid & trade leads.

Korea Republic of,Saudi Arabia : Samsung, Shanghai Electric win US$3b Saudi water plant deal

Publish Date : 28-Nov-2012

A consortium including Samsung Engineering and Shanghai Electric have won an 11.3 billion riyal (US$3 billion) deal to build a water desalination plant on the Red Sea coast of Saudi Arabia.

Saudi\'s state-owned Saline Water Conversion Corp (SWCC) said on Monday it awarded the contract to the South Korean and Chinese companies respectively as well as to Saudi Al Toukhi Co for Industry, Trading and Contracting, to build the fuel oil-fired plant, known as Yanbu III.

Water consumption in the desert kingdom is already almost double the per capita global average and increasing at an ever faster rate with the rapid expansion of population and industrial development.

The new plant will have a capacity of 550,000 cubic metres per day of desalinated water and a power capacity of 2,500 megawatts.

Go to previous page

Request for CallBack