Middle East Economic Survey

VOL. XLVII

No 29

19-July-2004

UAE

Marubeni/BPU Top Bidders For Taweelah-B IWPP

A joint venture comprising Japans Marubeni and the USs BPU Ventures submitted the highest bid ($1.69bn) for the development of Abu Dhabis fifth independent water and power project (IWPP), Taweelah-B, according to a report in the Gulf News on 12 July quoting an official of the Abu Dhabi Water and Electricity Authority (ADWEA). The bid from International Power of the UK with Belgiums Tractebel...