Middle East Economic Survey

VOL. XLIX

No 4

23-January-2006

SAUDI ARABIA

Project Financing For Saudi Olefins, Amines Project Starting To Take Shape

The project financing for al-Jubail olefins and amines project spearheaded by Project Management and Development Company (PMD) is starting to take shape. Originally, the financing was expected to be launched in 4Q 2005, but the project experienced some delays. Site activities had been set to begin earlier in 2005, but the groundwork took longer than...