Saudi-Korean JV breaks ground on $240mn stainless steel pipes production facility ...United Arab Emirates

ME CONSTRUCTION NEWS - Local News
Saudi-Korean JV breaks ground on $240mn stainless steel pipes production facility
SeAH GSI, a joint venture (JV) between the Saudi Arabian Industrial Investments Company (Dussur) and Korean steel manufacturer (SeAH CS), have broken ground on a first-of-its-kind stainless steel seamless pipes and tubes production facility in Saudi Arabia. In a statement, the firms said that the new plant, which is being built at a total investment of US $240mn, will be developed on a 178,000sqm area within the King Salman Energy Park (SPARK). It added that the facility is likely to begin operations in 2025. The ground-breaking for the project comes after the signing of a deal between SPARK and SeAH GSI in September 2022, for the development of a production facility that will increase the m

Hence then, the article about saudi korean jv breaks ground on 240mn stainless steel pipes production facility was published today ( ) and is available on ME CONSTRUCTION NEWS ( United Arab Emirates ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Saudi-Korean JV breaks ground on $240mn stainless steel pipes production facility )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Local News
SABA NET - before 10 hours & 12 minute


Latest News
before 10 hours & 12 minute
before 10 hours & 45 minute