Middle East Economic Survey
VOL. XLIX
No 9
27-February-2006
SAUDI ARABIA
Saudi Arabias Al-Kayan Petrochemical Project Costs Estimated At Over $5Bn
Al-Kayan Petrochemical Companys proposed petrochemical complex is expected to cost over $5bn, up from the originally estimated figure of $3.5bn, which includes $2.6bn in debt (MEES, 28 February 2005), MEES understands. While the advisory group has not arrived at a final figure on the likely cost, it is certain that the price will increase considerably...
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