Hyundai secures major construction contract in Qutar

Arabian Business reported that South Korea’s Hyundai Engineering & Construction Company has received contracts worth QAR 1.9 billion to build power generation facilities.

One of the contracts is worth USD 201 million and will involve the construction of seven substations in 30 months, while the other is a USD 100 million power cabling deal, to be carried out over 23 months.