Middle East Economic Survey

VOL. XLVIII

No 27

4-July-2005

SAUDI ARABIA

$8Bn To Be Invested In First Four IWPPs Across The Kingdom

More details of the first four independent water and power projects (IWPPs) to serve cities across the kingdom were given by the chairman of the Saudi Water and Electricity Company (WEC), Abd Allah al-Ghamadi, in remarks published in al-Riyadh on 27 June. The four IWPPs are to be implemented by the private sector under resolution 5/23 of the Supreme Economic Council...