VOL. XLIV
No. 27
2-July-2001
UAE
UOG Issues Letter Of Intent To Doosan For Fujairah Desalination/Power Plant
The UAE Offsets Group (UOG) on 22 June issued a letter of intent to South Koreas Doosan Heavy Industries and Construction Company for the proposed $1bn desalination/power plant at Fujairah. Last month UOG said that Doosan was the preferred bidder (MEES, 254 June), having proposed a price of Dh2,853mn ($778mn) to build a 100mn gallons/day desalination plant and a 620mw power unit, of which...
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