Middle East Economic Survey
VOL. LII
No 28
13-Jul-2009
GCC/REGIONAL
Gulf Power/Water Privatization Continues, As Saudi Arabia Conducts Review
The power and water privatization drive continues across the Gulf and a number of projects have recently secured funding. This is encouraging for other sponsors that are currently in discussions with lenders, or planning to approach them, although deals are still taking longer to close and financing costs are higher than before the credit crunch. However,...
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