South Korean construction companies won a $2.1 billion deal to build a facility for producing gas and chemical products in Surgil of Uzbekistan, the Ministry of Knowledge Economy said Tuesday.
South Korean construction companies won a $2.1 billion deal to build a
facility for producing gas and chemical products in Surgil of Uzbekistan, the
Ministry of Knowledge Economy said Tuesday.
South Korean companies including Samsung Engineering Co. Ltd. (028050.SE), GS
Engineering & Construction Corp. (006360.SE) and Hyundai Engineering Co.
will aim to start construction of the facility next year, the ministry said in
a statement.
The statement comes amid South Korean President Lee Myung-bak's visit to
Central Asian countries including
Uzbekistan
.
It wasn't immediately clear how the work will be divided up among the construction
companies.
The statement also follows a decision made by Korea Gas Corp. (036460.SE) in
2008 to establish a joint venture company with
Uzbekistan
's
state-run gas company Uzbekneftegaz for the development of the Surgil gas
field.
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