VOL. XLVI

No 16

21-April-2003

UAE

Ajman Wastewater Financing May Provide Model For Infrastructure Projects

The financing for the Ajman Sewerage (Private) Companys (ASPC) wastewater project in the UAE could become a prototype for future Gulf infrastructure projects, according to bankers involved in the deal. The project, which saw financial close at the beginning of this year, is not only the first integrated wastewater scheme in the Gulf to be implemented on build-operate-transfer (BOT) basis, but...