VOL. XXXIII

NO. 45

13-AUGUST-1990

Saudi Arabia

Al-Salam Aircraft Company Awards Contract for Repair Plant

The al-Salam Aircraft Company has awarded a joint venture consisting of SaudiBinladin Group and Gustav Eppel Arabia of West Germany a letter of intent for aSR260mn ($69.3mn) contract for the construction of an aircraft repair plant. Theal-Salam Aircraft Company, which was set up under the offset program with aconsortium led by Boeing of the US, is owned 50% by Boeing Industrial TechnologyGroup...