GENERAL NEWS

Daewoo inks Qatar shipyard deal

Importer 18 years ago

Daewoo Engineering & Construction has signed a contract worth QR2.2 billion ($610.6 million) with Qatar Petroleum (QP) to develop a shipyard in Qatar. Daewoo put the value of the order at 895.1 billion won ($671 million). The project is scheduled for completion by the end of December 2009.