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Monday, 09 November 2009 06:59 UAE time

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Doosan in for $320mn Kuwait job

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Saturday, 29 March 2008

The Kuwaiti Ministry of Electricity and Water has signed up South Korea's Doosan Heavy Industries to build a reverse osmosis desalination plant at Shuwaikh Port in a deal worth US $320 million (KWD 85.3million).

The facility will have a capacity of 30 million gallons per day and will supply drinking water for 450,000 residents in Kuwait City. Startup is scheduled for August 2010.

Under the contract, Doosan will design and build the plant as well as supply equipment and materials. The company will also operate the plant for three years.

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"We have furthered our reputation as a reliable builder of reverse osmosis desalination plants, in addition to multi-stage flash plants, for which we enjoy our status as the world's number one in terms of market share," said Doosan senior vice president Yoon Sik Park.

The market for reverse osmosis desalination plants is expected to be worth $35 billion by 2015, according to Doosan.

Doosan has secured a firm position in the desalination plant market in the Middle East since completing the Sabiya Desalination Plant 1 and 2, the refinery of Shuaibah Desalination in 2004, and Sabiya Desalination plant stage 3 in 2005, both in Kuwait.

Earlier this month the company was awarded a contract worth $1.68 billion from Dubai Electricity and Water (Dewa) for the construction of the ‘M Station' power plant in Jebel Ali.

Doosan was also behind the Fujairah desalination/power plant.

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