Hyundai E&C Inks $983M Qatar Construction Contract

Law360, New York (June 1, 2012, 4:43 PM EDT) -- South Korean construction giant Hyundai Engineering & Construction Co. Ltd. has signed a $983 million contract with Qatar's Public Works Authority to reconstruct an expressway in the country, Hyundai E&C said in a regulatory filing Friday.

The Seoul-based builder said that it that had been awarded the contract to reconstruct and upgrade a 3.6-mile stretch of the Qatar Lusail Expressway. The refurbishing is part of the country's push to dramatically improve infrastructure ahead of the 2022 World Cup.

The contract was signed Thursday, according to Hyundai...
To view the full article, register now.