• HSBC

Qatar seals $199m cable deal

  • Qatar: Monday, September 08 - 2008 at 13:57

Prysmian has been awarded a strategic contract worth $199m (EUR140m) by Qatar General Electricity & Water Corporation for the development of submarine cable turnkey project, serving Doha. The installation begins on 2009 and is due at the end of 2010.The company is also involved in the construction of the submarine power connection between Saudi Arabia and Bahrain with the Gulf Cooperation Council Interconnection Authority.

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