[THE INVESTOR] Korea’s top power equipment maker Doosan Heavy Industries & Construction said on June 27 that it has bagged a 220 billion-won (US$185 million) deal to build a desalination plant in Iran.
Under the deal with the Iran-based Sazeh Sazan, the firm will construct the facility by October 2018. The Korean company will also do operating and maintenance work for 12 years.
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Desalination plant. |
Doosan Heavy’s deal marks the first for a desalination plant in the Islamic republic after international sanctions on it were lifted earlier this year.
The facility will process 200,000 tons of seawater into fresh water a day, enough for 670,000 people, according to Doosan Heavy.
In May, Doosan Heavy also received a 460 billion-won deal to build a desalination plant in Kuwait.
(
theinvestor@heraldcorp.com)
