Middle East Economic Survey
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...