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South Korean builders have won a combined US$1.45 billion deals from the Middle
East and other regions over the past few weeks, a trade group said Monday,
raising expectations for their better performaces in overseas markets this
year.
Doosan Heavy Industries & Construction Co., South Korea's
leading power equipment manufacturer, has clinched a $520 million deal to build
two power plant boilers in India, according to the International Contractors
Association of Korea.
The construction arm of Samsung C&T Corp.
has secured a $100 million deal to construct a building for a local bank in
Saudi Arabia. Hyundai Heavy Industries Co., the world's largest shipyard
company, bagged a $290 million order to build an oil refinery and terminal in
the kingdom's southwestern economic city of Jazan, according to the
association.
Daelim Industrial Co. has signed a $210 million deal to
build a 100-megawatt power plant in the Philippines.
Hyundai Amco Co.,
the construction unit of automaker Hyundai Motor Group, has clinched a $180
million deal to construct a new building in California for Hyundai Motor
America, a U.S. unit of Hyundai Motor Co.
Hyundai Motor and its
smaller Kia Motors Corp. are the flagship companies of the world's fifth-largest
automotive group.
STX Heavy Industries Co., a unit of South Korea's
STX Group, has signed a $150 million order to build a gas turbine plant in Iraq,
according to the association.
The association predicted local builders
to clinch overseas orders worth more than $70 billion this year.
South
Korean builders won overseas orders worth $64.9 billion in 2012, up 9.8 percent
from a year earlier, according to the Ministry of Land, Transport and Maritime
Affairs. But the volume was lower than the government's target of $70 billion,
it added.