VOL. XLVI

No 12

24-March-2003

LEBANON

Lebanon Plans To Sell 40% Of Power Sector By June

Lebanon intends to dispose of 40% of the loss-making state electricity company Electricite du Liban (EDL) by the end of June, according to the Lebanese Minister of Energy and Water, Muhammad Baydun. The minister disclosed that Lebanon has already received 19 expressions of interest from a number of companies and that would-be investors will be invited soon to prequalify for the international auction of EDLs...