Doosan Heavy bags $422mn Saudi desalination deal
Under the deal, the company will complete the construction of the plant as the engineering, procurement, and construction (EPC) contractor
Doosan Heavy Industries & Construction Co., the world’s largest provider of seawater desalination solutions, has won a $422.05mn seawater reverse osmosis desalination (SWRO) plant construction deal in Saudi Arabia.
Doosan Heavy announced on Wednesday that it has signed a contract with Saudi Arabia's Saline Water Conversion Corporation (SWCC) to construct the nation’s largest SWRO plant in Shuaibah, 110 km south of Jeddah, on the coast of Red Sea.
Under the deal, the company will complete the construction of the plant as the engineering, procurement, and construction (EPC) contractor. Once the facility is completed, it will process 400,000 tonnes of sea water into fresh water a day, which can be consumed by 1.3 million people at the same time, and supply it to western Saudi Arabia.
“We have recently won the first large seawater desalination deal in Saudi Arabia,” said Yoon Seok-won, head of Water BG Group at Doosan Heavy Industries. “We hope to move more aggressively to tap into the global RO seawater desalination market, which will be worth $4.5bn by 2020.”
With the latest deal, Doosan Heavy has re-entered the Saudi Arabian seawater desalination market in five years after obtaining the world's biggest water desalination plant project of Ras Al-Khair in 2010 and Yanbu seawater desalination plant phase 3 deal in 2012. In addition, the company is accelerating the Saudi Arabian market invasion with the Fadhili combined cycle power plant project worth $897.99mn last year.