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Korea companies hopeful for Saudi Arabia NEOM project contracts

    Ji-Yu Doko
    By Ji-Yu Doko Replies (2)

    Asiae write Saudi Arabia's Neom City project budget US$ 500 Billion. For Korean companies it can be second Middle East boom if they win big contracts.

    Asiae write Saudi Arabia has already been tendering contracts secretly and Samsung C&T and Hyundai E&C formed a consortium won 1 billion dollar contract.. Other Korean companies such as Samsung Engineering,  Daewoo E&C, GS E&C, DL E&C, Hyundai Motors hopeful for lucrative contracts.

    https://cm.asiae.co.kr/article/2022070109503181997

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