Middle East Economic Survey

VOL. XLVII

No 34

23-August-2004

SAUDI ARABIA

Saudi WEC Issues RFPs For Shuaiba IWPP

The Saudi Water and Electricity Company (WEC) on 12 August issued requests for proposals (RFPs) for the Shuaiba independent water and power project (IWPP). WEC was formed last year to buy water and electricity from private sector projects for distribution to consumers (MEES, 26 May 2003). The company has released the RFPs to 11 prequalified bidding groups to select a developer or...