Middle East Economic Survey

VOL. LII

No 19

11-May-2009

QATAR

Qatar Breaks Ground On $4Bn IWPP

The foundation stone was laid last week for Qatars $4bn Ras Laffan C independent water and power project (IWPP), which is being implemented on a build-own-operate-transfer (BOOT) basis by a new joint venture firm, Ras Girtas Power Company. Ras Girtas is owned 45% by Qatar Electricity and Water Company (QEWC), 15% by Qatar Petroleum (QP) and the balance of 40% by a consortium consisting of Suez Energy...