Middle East Economic Survey
VOL. LIII
No 50
13-Dec-2010
yemen
Donors Pledge $55Mn To Yemeni Wind Project
The Arab Fund for Economic and Social Development (AFESD) and the World Bank (WB) have donated a combined $55mn to help finance a 60mw wind power project in Yemen. AFESD will contribute $35mn to the $125mn project, with WB contributing $20mn. The facility will be constructed at the western port city of Mokha in Ta'izz province as a means of promoting increased private sector investment in...
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