Samsung C&T Wins 1 Trillion KRW Contract for Combined Cycle Power Plant Project in UAE

[Asia Economy Reporter Lee Seon-ae] Samsung C&T announced on the 18th that it has secured a contract for a 2400MW combined cycle power plant construction project from 'F3 Holding Company B.V.' in the United Arab Emirates (UAE). The contract amount is approximately 1.1554 trillion KRW. This corresponds to 3.71% of the sales based on the consolidated financial statements as of the end of 2018. The contract period is until April 30, 2023.