VOL. XL

No.24

16-June-1997

YEMEN

Singapore Ports Authority Win $187Mn Contract For Aden Free Zone

The Yemen Investment and Development International (Yeminvest) - whichwas awarded a $400mn contract on a build-operate-transfer (BOT) basis for a period of 25years for the construction of a free zone at the port of Aden in 1995 (MEES, 25December 1995) - has awarded an $187mn contract to the Port of Singapore Authority (PSA)to build six quays and a terminal on the north shore for the free zone. The...