Middle East Economic Survey


No 19



QEWC Cancels Plans To Build Two 450MW Power Plants In Syria

Qatar Electricity and Water Company (QEWC) has cancelled plans to build two 450mw gas-fired power plants in Syria, Reuters reported on 4 May. Only a memorandum of understanding was signed. We had not entered into any (formal) agreement, a company spokesman was quoted as saying. Last year, QEWC agreed to build two power plants in Syria at an estimated cost of $1bn in...