VOL. XLIV

No. 20

14-May-2001

UAE

Sidem/Hyundai Present Lowest Bid For $500Mn Northern Emirates Desalination/Power Plant

The UAE Offsets Group (UOG) said on 28 April that Sidem of France in partnership with Hyundai Engineering & Construction Company of South Korea had submitted the lowest base bid for the $500mn desalination and power plant package of a $1bn project to distribute clean water to the northern emirates and al-'Ain. The new facility will be built at Qidfa' in Fujairah next to the...