VOL. XLIV

No. 26

25-June-2001

UAE

Koreas Doosan Is Preferred Bidder For Fujairah Desalination/Power Plant

UAE Offsets Group (UOG) said on 16 June that South Koreas Doosan Heavy Industries and Construction Company (formerly Hanjung) had been selected as the preferred bidder for the proposed $1bn desalination/power plant project in Fujairah. The two sides will hold detailed discussions on technical and commercial issues over the coming weeks. Doosans earlier bid of Dh2,731mn ($744mn) to build a...