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Doosan Shutters Saudi Water Research Centre

SEOUL

South Korean contractor Doosan Heavy Industries & Construction has decided to close its water research unit in Saudi Arabia to align with a rehaul of its overseas organisation, Business Korea reported last week. Doosan will shut down its Water Research and Development Centre in Dammam, which it operated in cooperation with the Saline Water Conversion Corporation (SWCC), as part of a plan to close less efficient overseas branches. The centre is being closed as countries in the region had "drastically reduced orders for large desalination projects amid a prolonged slump in global oil prices.

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