Browse
related articles
Saudi Arabia awards Samsung, Shanghai Electric $3bn contract
- Saudi Arabia: Tuesday, November 27 - 2012 at 05:34
Saudi's state-owned Saline Water Conversion Corp (SWCC) has announced it has awarded a consortium including Samsung Engineering and Shanghai Electric a SR11.3bn ($3bn) contract to build a water desalination plant on the Red Sea coast of the kingdom, Reuters has reported. The new plant will have a capacity of 550,000 cubic metres per day of desalinated water and a power capacity of 2,500 megawatts. Water consumption in the country is already almost double the per capita global average and increasing at an ever faster rate with the rapid expansion of population and industrial development.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
