Hanwha signs for Jubail/Yanbu power and desalination

Hanwha Engineering & Construction from South Korea has signed a US$ 1.05 billion contract with Marafiq, the power and water utility for Jubail and Yanbu, Saudi Arabia, to build a power station and desalination plant.

According to the Agence France Presse news agency on 20 April 2011, Hanwha will complete the plant by 2014 in the Yanbu industrial complex north of Jeddah.

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