Doosan Heavy Industries Co., South Korea's biggest maker of power equipment, said Tuesday that it has won a 311-billion-won ($318 million) deal to build a desalination facility in Kuwait.
The deal with Kuwait's Ministry of Electricity and Water calls for Doosan Heavy to build the facility by September 2013, the company said in a regulatory filing.
Shares of Doosan Heavy were trading at 121,500 won as of 10:08 a.m., down 0.41 percent. (Yonhap)