Middle East Economic Survey

VOL. XLIX

No 5

30-January-2006

BAHRAIN

Bahrain Completes Privatization Of Al-Hidd Power/Water PlantBahrain on 22 January completed its largest privatization to date, selling Al-Hidd Power and Water Plant for $738mn to its preferred bidding consortium comprising International Power (IP), Suez Tractebel and Sumitomo (MEES, 19 December 2005). Three consortia were initially named after the technical stage of the bidding process last November (MEES, 12 December 2005). The...