Middle East Economic Survey

VOL. XLIX

No 1/2

2/9-January-2006

ALGERIA

SNC Lavalin Awarded 1200MW Power Plant Contract

Algeria on 17 December awarded Canadas SNC Lavalin a contract for the construction of a 1,200mw gas-fired power plant located at Hadjret Enouss. On 26 December, Abu Dhabi-based Mubadala Development Company and SNC-Lavalin signed a joint bidding agreement under which both companies will co-invest to own a 51% stake in Sharikat Kahraba Cherchell (SKC), the company established to...