By Sangim Han
Firms win $5.59bn order to build nuclear-power plants in Abu Dhabi, ready by May 2020.
Hyundai Engineering & Construction and Samsung C&T have won a $5.59bn order to build nuclear-power plants in Abu Dhabi.
The companies plan to complete the plants by May 2020 for Korea Electric Power Corp, Hyundai Engineering and Samsung C&T said in regulatory filings today. Hyundai Engineering will get 55 percent of the order and Samsung C&T the remaining 45 percent.
Korea Electric won the order from the UAE in December. (Bloomberg)