Middle East Economic Survey

VOL. XLIX

No 4

23-January-2006

KUWAIT

Kuwaits Greater Equate To Launch PIM In February

Kuwaits Greater Equate Project (also known as Olefins-2) is planning to launch a preliminary information memorandum (PIM) to banks in February, MEES learns. The project, to be located in Shu'aiba, was originally earmarked for financing in 2005, but commercial agreements took longer than expected to finalize. Financial close is now planned for June. The project is estimated to cost...