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04-07-14

Hyundai wins USD715.4m order from UAE firm

(MENAFN) Hyundai Engineering & Construction Co. Ltd. said it had won a USD715.4 million order to repair and install power and water treatment plants in the UAE, according to Arab News. The company has been awarded the order from Mirfa Project Company, a unit of Abu Dhabi Water & Electricity Authority. The South Korean builder said in a regulatory filing the contract was expected to be completed by April 2017, but the date was subject to change.