Updated Tuesday, November 3, 2009 11:08 am TWN, AFP

S. Korean shipbuilder wins US$1.4 bil. Myanmar order

SEOUL -- South Korea's Hyundai Heavy Industries, the world's largest shipbuilder, said Monday it has won a US$1.4 billion deal to build an offshore gas platform in Myanmar. It said it secured the order from Daewoo International, a South Korean trading company which is leading a consortium to develop the gasfield off Rakhine state near the border with Bangladesh.

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