Middle East Economic Survey

VOL. XLVIII

No 9

28-February-2005

SAUDI ARABIA

Consortia Align To Bid On Shuaiba, Marafiq IWPPs

A number of consortia have lined up to bid on the two major independent water and power projects (IWPP) in Saudi Arabia, Shuaiba and Marafiq, that are both seeking developers and funding this year. The three main groups bidding for the Shuaiba project comprise International Power, Saudi Oger, Xenel Industries, and Mitsui, supported by Sumitomo Mitsui Bank; Tractebel and local...