Middle East Economic Survey

VOL. LII

No 26

6-Jul-2009

SYRIA

Syria Signs Power Plant Contract With Metka/Ansaldo

A joint venture led by Greek engineering firm Metka (75%) with Italys Ansaldo Energia (25%) announced on 29 June the signature of a 640mn contract with Syria for the construction of a 700mw combined cycle gas-fired power plant in Dair 'Ali, south of Damascus. Metka said that the launch of commercial operations will be within three years from the securing of funds for the project. Last...