South Korea has signed a $2.2-billion deal with Russia’s state-owned Rosatom to provide buildings and components for a new Egyptian nuclear plant, reported Bloomberg.

 

The state-owned South Korea Hydro & Nuclear Power Company had won the contract to supply buildings, equipment and materials for Egypt’s El Dabaa project, according to a statement from South Korea’s energy ministry.

 

The Korean group emerged the sole bidder for the portion of El Dabaa project in December 2021, and will construct the main and auxiliary buildings and structures of the turbine islands for the units between 2023-2029, it added.