Middle East Economic Survey

VOL. XLVII

No 26

28-June-2004

SAUDI ARABIA

Marafiq Issues Tender For Giant Al-Jubail Private Power/Water Project

Marafiq on 22 June issued a tender for a project to establish a power/water desalination plant with capacity to produce, in the first phase, 2,400mw of electricity and 300,000 cu ms/day of clean water at al-Jubail Industrial City. The combined cycle plant, costing an estimated SR7bn ($1.9bn), will be set up and run on a build, own, operate, transfer (BOOT)...