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116 Daewoo E&C wins US$708mn order from Iraq (Aug 2013) 2013-08-29

1. Project Name: Iraq CPF Akkas

2. Introduction: Central processing facility and gathering system for non-associated gas.

3. Projected Contract Sum: US$708mn

4. Duration: First phase - 24 months from the start, Second phase - Completed by 2017.7.15

5. Implication:

- The first landing project in Iraq

- Secured advantageous location for potential large-scale constructions within Al Faw port

 (Dry Bulk Terminal, Container Terminal, Marine Base and etc.)

- Established firm foothold into Iraq’s rebuilding market (Basrah New Town PJ, etc.)