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S.Korea's Samsung C&T wins $2bn order in Saudi Arabia

Published: 30 Jul 2013 - 08:26 am | Last Updated: 31 Jan 2022 - 01:43 pm

SEOUL: Samsung C&T Corp said on Tuesday it had won a 2.19 trillion won or $1.97 billion order to build part of the Riyadh Metro project in Saudi Arabia.

The South Korean builder said in a regulatory filing it had won the order as part of a consortium of unidentified partners, of which Samsung C&T's portion amounts to $1.97 billion.

The contract period will last 60 months, Samsung C&T said. (Reuters)