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INFRASTRUCTURE BOOST

Hanwha ... to build 100,000 homes for Bismayah.

Korea's Hanwha wins $2bn Iraq construction contract

BAGHDAD, April 6, 2015

South Korea's Hanwha Group has won an order worth around $2 billion to build additional infrastructure in Bismayah region of Iraq, said a company spokesman on Monday.

The construction will be carried out by Hanwha Engineering & Construction Corporation, which had already won an order to build some 100,000 homes for Bismayah by 2019.

The spokesman declined additional comment because an official statement has not been released yet.-Reuters




Tags: Construction | Iraq | Korea | Hanwha |

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