Middle East Economic Survey
VOL. LII
No 43
26-Oct-2009
KUWAIT
NBK To Provide Financing For Al-Sabiya Plant
The National Bank of Kuwait (NBK) will provide credit facilities for the al-Sabiya power plant in Kuwait, in coordination with other local banks. The $2.65bn project is being co-financed by a consortium including the USs General Electric International and South Koreas Hyundai Heavy Industries. The consortium signed a contract with Kuwaits Ministry of Electricity and Water for engineering,...
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