Middle East Economic Survey
SWCC Awards $4.2Bn Contracts For Ras Al-Zour Project
Saudi Arabias Saline Water Conversion Corporation (SWCC) signed two contracts worth more than SR15.7bn ($4.2bn) for a new power and water plant at Ras al-Zour on 9 November. The Ras al-Zour station will have capacity to produce 2.4gw of electricity and 1.025mn cmd of desalinated water, making it the largest plant of its kind in the world. A consortium led by South Koreas...