Samsung C&T-Sumitomo consortium wins $3.7 billion Qatar project

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Samsung C&T-Sumitomo consortium wins $3.7 billion Qatar project - Korea Economic Daily

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Given that this is a national infrastructure project for Qatar, our prior project experience and the strong trust we have built played a significant role in securing this contract,” said Lee Byung-soo, head of Samsung C&T's energy solution division.‘ONE TEAM KOREA’The consortium comprises Korea Overseas Infrastructure & Urban Development Corp.(KIND), Korea Southern Power Co.

An international consortium involving South Korea’s Samsung C&T Corp.and financial firms has won a $3.7 billion project to build a desalination and power plant in Qatar.

Samsung C&T, the construction and trading unit of Korea’s top conglomerate Samsung Group, said on Tuesday the consortium won the project from the Qatar General Electricity and Water Corp., also known as KAHRAMAA.