Middle East Economic Survey
VOL. LII
No 46
16-Nov-2009
syria
Syria Concludes Its First Project Financing For Cement Plant
Bank Audi announced on 12 November the conclusion of a landmark $340mn seven-year project finance facility in favor of Lafarge Cement Syria, for the partial funding of the first private greenfield cement plant in Syria. International law firm Lovells advised Lafarge on the project financing, totaling $682mn for the development of the cement plant with a capacity of 2.75mn...
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