Middle East Economic Survey

VOL. XLVIII

No 37

12-September-2005

ALGERIA

Algeria Awards Energoinvest $28.6Mn Power Transmission Contract

Algeria recently awarded Bosnias Energoinvest a $28.6mn contract to build and equip a 400kw power transmission line extending over 120km and linking Oued Athmania to Salah Bey. The contract, awarded after an international bidding procedure which opened on 29 August, will be signed this month. Sonelgas is the investor. The deal should be completed within 15 months,...