VOL. XXXII

NO. 36

12-JUNE-1989

SAUDI ARABIA

British Aerospace Considers Two Saudi Offset Projects

British Aerospace is considering participating in two joint ventures withSaudi Arabia as part of 1bn offset program linked to the 10bn UK al-Yamama 2arms sales to the Kingdom, it was announced during the seminar on the al-Yamamaoffset program held in Jiddah on 31 May. The two projects under considerationare a 210,000 ton/year aluminum smelter to be built at Yanbu' at an estimatedcost of $720mn whose...