VOL. XL

No. 8

24-February-1997

SYRIA

MitsubishiWins Contract For Construction Of Zara Power Plant

Mitsubishi HeavyIndustries (MHI) of Japan has won a contract worth $375mn for the constructionof the 600-MW power plant at Zara, half way between Homs and Hama. The plant,which comprises three gas-fired, 200-MW thermal units, is being financed by a 46.199bn($377mn) soft loan from Japan'sOverseas Economic Cooperation Fund. This is the third Japanese loan for powerprojects in Syria. One loan amounting...