VOL. XLI

No. 10

9-March-1998

YEMEN

Italy's Ansaldo Wins An $18.5Mn Contract For Sanaa Power Station

Ansaldo of Italy, a subsidiary of the state-owned Italian engineering groupFinmeccanica, has won an $18.5mn contract to construct a power plant in the Yemeni capitalSanaa. The new plant, with a capacity of 30MW, will have five diesel generators andoperate as a standby station. According to press reports from Sanaa, the station will befinanced 50-50 by the Yemeni Government and the World Bank. The...