Hyundai Rotem Wins $315m Qatar Deal

expat network

Hyundai Rotem Wins $315m Qatar Deal

Hyundai Rotem, a South Korean leader in steelmaking and environmental facilities, said it has clinched a 350.9 billion won ($315 million) order to build a sewage treatment plant in Qatar, said a report.

As per the contract, the Korean firm will set up a treatment facility in the city of Al Dhakira, northeast of capital Doha, which can treat up to 56,000 tonnes of wastewater per day by 2018, reported the Korea Bizwire.

The project, which is the largest ever sewage facility contract for a Korean firm, was awarded by Ashghal, the Public Works Authority of Qatar.

See more at: http://tinyurl.com/qgk7dkx

Source: Trade Arabis

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.