Middle East Economic Survey

VOL. LI

No 32

11-Aug-2008

UAE

GDF Suez Awarded $5.6Bn Contract For Shuweihat 2 Power And Desalination Plant

Gaz de France (GDF) Suez announced on 30 July that it has won the contract and signed a 20-year power and water purchase agreement for the Shuweihat 2 power generation and seawater desalination plant, a major independent water and power project (IWPP) in Abu Dhabi. Other bidders were Marubeni/Osaka Gas and IP/Sumitomo (MEES, 9 June). The value of the contract is...