Seawater Desalination: Doosan Heavy Wins KRW470 Billion Seawater Desalination Deal in Saudi Arabia | BusinessKorea

Friday, July 21, 2017

Yoon Seok-won (right), vice president of Doosan Heavy Industries, and Saudi Arabia's Minister of Environment Water and Agriculture shake hands after signing a seawater desalination plant construction deal in Saudi Arabia on March 28 (local time).
Yoon Seok-won (right), vice president of Doosan Heavy Industries, and Saudi Arabia's Minister of Environment Water and Agriculture shake hands after signing a seawater desalination plant construction deal in Saudi Arabia on March 28 (local time).
SEOUL,KOREA
30 March 2017 - 10:45am
Jung Suk-yee

Doosan Heavy Industries & Construction Co., the world’s largest provider of seawater desalination solutions, has succeeded in winning a 470 billion won (US$422.05 million) seawater reverse osmosis desalination (SWRO) plant construction deal in Saudi Arabia.

Doosan Heavy announced on March 29 that it has signed a contract with Saudi Arabia's Saline Water Conversion Corporation (SWCC) to construct the nation’s largest SWRO plant in Shuaibah, 110 km south of Jeddah, on the coast of Red Sea.

Under the deal, the company will complete the construction of the plant as the engineering, procurement, and construction (EPC) contractor. Once the facility is completed, it will process 400,000 tons of sea water into fresh water a day, which can be consumed by 1.3 million people at the same time, and supply it to western Saudi Arabia.

“We have recently won the first large seawater desalination deal in Saudi Arabia,” said Yoon Seok-won, head of Water BG Group at Doosan Heavy Industries. “We hope to move more aggressively to tap into the global RO seawater desalination market, which will worth US$4.5 billion (5.01 trillion won), by 2020.”

With the latest deal, Doosan Heavy has re-entered the Saudi Arabian seawater desalination market in five years after obtaining the world's biggest water desalination plant project of Ras Al-Khair in 2010 and Yanbu seawater desalination plant phase 3 deal in 2012. In addition, the company is accelerating the Saudi Arabian market invasion with the Fadhili combined cycle power plant project worth 1 trillion won (US$897.99 million) last year.  

 

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