No 03



Privatization Of Bahrains Power/Water Sector To Begin

Bahrains cabinet on 28 December decided to implement a plan to privatize the kingdoms power generation and water desalination sector. As a first step, private sector companies are being invited to bid for a project to construct a 400mw capacity power station which is expected to be located next to the al-Hidd complex. Construction is scheduled to start in 2006. The new venture will sell power to the...