Doosan Heavy Industries & Construction Co., Korea's leading power equipment maker, said Wednesday that it has clinched a 1.1 trillion won ($1 billion) deal to build a seawater desalination facility in Saudi Arabia.
Under the deal with Saudi Arabia's Saline Water Conversion Corp. (SWCC), Doosan Heavy will build the facility in Yanbu, 350 kilometers north of Jeddah, the second-largest city in the country, by March 2016, the company said in a statement.
The desalination facility will process 550,000 tons of fresh water per day, which could be consumed by 1.8 million people, according to Doosan Heavy.
In 2011, Doosan Heavy also clinched similar deals from Saudi Arabia.
Doosan Heavy has secured multiple contracts from the Middle Eastern region to produce a combined 6.4 million tons of fresh water per day after winning its first desalination facility deal from Saudi Arabia in 1978. (Yonhap)