Middle East Economic Survey
VOL. LII
No 29
20-Jul-2009
ALGERIA
Samsungs Skikda Rehabilitation Contract Worth $2.6Bn
The EPC contract to modernize and expand the 300,000 Skikda refinery, which was awarded to Samsung Engineering in May, is worth $2.6bn, or more than twice the original cost estimate, the South Korean firm said in a statement after the signing ceremony on 4 July. Samsungs winning bid, announced in Algiers on 11 May, which saw off competition from Hyundai Engineering, Technica Réunidas...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!