GS Inima wins $94m bid for Tunisian desalination plant

By Korea Herald
  • Published : Jun 11, 2014 - 20:34
  • Updated : Jun 11, 2014 - 20:34
GS Inima Environment S.A., one of the world’s leading water treatment companies, secured a 69.4 million euro ($93.9 million) deal to build a desalination plant in Tunisia, the firm’s South Korean parent company said Wednesday.

GS E&C, a leading builder in the country that acquired Inima in 2012, said its Spanish subsidiary sealed the Djerba plant order through a 50-50 consortium with water management company Aqualia S.A. The order was placed by Tunisia’s water resource management corporation.

The contract marks GS’ entry into the North African country’s construction market. Its share of the project stands at $46.9 million.

The project calls for processing 50,000 tons of sea water into fresh water at a resort in southern Tunisia.

GS Inima, with its Spanish partner, will be in charge of drawing up the designs, procuring materials and building the plant. (Yonhap)