Daewoo Engineering & Construction signed a memorandum of understanding with Turkmenistan's Water Resources Committee to cooperate on modernizing the Karakum Canal, the country's main waterway for agricultural, household and industrial supply. The canal is about 1,100 kilometers long and 25 to 30 meters wide, and was completed in 1960. The agreement was signed at a Korea-Turkmenistan business forum held in the previous day, where Daewoo E&C Chairman Chung Won-ju also discussed additional business plans and sought government-level cooperation from Turkmen President Serdar Berdimuhamedov. An earlier description identified a 250-kilometer section as the target, while the latest announcement does not specify a section. The project would establish a foothold for Daewoo E&C in Turkmenistan's water-resources and environmental-infrastructure market.