VOL. XLI

No. 16

20-April-1998

EGYPT

Egypt Turns To Private Sector To Double Power Capacity

Egypt will turn to the private sector to almost double its electric power generationcapacity by the year 2010 by offering build-operate-transfer (BOT) contracts for 15 powerplants worth about $7.2bn, according to Egyptian Electricity Minister Mahir Abaza. Theplants will add 9,350 megawatts to the country's existing capacity of 12,000 megawatts,Eng. Abaza said in remarks made at a lunch with American...