Daewoo strikes $1.94bn deal with African company

Daewoo strikes $1.94bn deal with African company

PanARMENIAN.Net - South Korea's Daewoo Shipbuilding and Marine Engineering said Monday, August 20, it has clinched a 2.22 trillion won ($1.94 billion) deal to build five offshore platforms for an African company.

The leading shipbuilder said it would deliver the fixed platforms for the company by April 2016. It did not identify the African client or give other details, AFP reported.

 Top stories
Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”.
Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision.
The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision.
Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.
Partner news
---