VOL. XXXI

NO. 29

25-APRIL-1988

BAHRAIN

Alba Awards $80mn Expansion Contract to British Firm

Aluminum Bahrain (Alba) - the joint venture firm owned by the BahrainGovernment (57.9%), the Saudi Basic Industries Corporation (20%), KaiserAluminum of the US (17%) and Breton Investments of West Germany (5.1%) - hasawarded a BD30mn ($79.6mn) contract to the NEI Power Projects of the UK for theconstruction of the first phase of the expansion project for its aluminum plant.NEI was selected from a short list...