VOL. XLII
No. 35
30-August-1999
JORDAN
Jordan Sells Railway For 25-Year Concession Period
In what is being lauded as a landmark infrastructure andpublic utility privatization, Jordans Aqaba Railway Corporation (ARC) is to besold to a consortium of strategic investors for a 25-year concession period.The move follows a number of concerted moves by the Jordanian Government inrecent months to divest its holdings in some of the countrys key sectors (MEES,9 and 23 August), but this particular...
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