Park Jin-hai primarily focuses on K-dramas, entertainment shows and actor interviews. Beyond that, she also pens articles covering the broader arts scene, with a particular emphasis on classical music, dance and various aspects of lifestyle. Since joining The Korea Times in 2013, she has made significant contributions in the realms of hallyu (Korean wave), industry news and international affairs.
GS Engineering bags $306 mil. deal in Kuwait
GS Engineering & Construction CEO Lim Byung-yong, left, and Hashem Sayed Hashem, Kuiwait Oil Company (KOC) CEO, shake hands after signing a contract for construction of the New Water Center, at the KOC’s headquarters in Kuwait City, Tuesday. / Courtesy of GS E&C
By Park Jin-hai
By Park Jin-hai
GS Engineering & Construction, the construction arm of GS Group, said Wednesday that it has secured a $306 million deal to build a water treatment plant in Kuwait.
The company said it won the bid for the state-run Kuwait Oil Company’s (KOC) new water center project. GS Engineering will build water treatment facilities and pipelines in the North Oil Field, 90 kilometers north of Kuwait City.
The turnkey project will take three years to complete.
GS Engineering has been carrying out multiple projects in the Middle Eastern country, including two previous projects with the KOC.
It said that with the third project, the partnership with the KOC has been strengthened further, potentially paving the way for other deals in the future.
“GS Engineering has ample experience in Kuwait. Based on the accumulated expertise and knowhow, we expect to create more profits there,” said company CEO Lim Byung-yong.