VOL. XL

No. 37

15-September-1997

OMAN

Omani BOOT Projects Still On Track

The news, broken in late August, that the long-awaited Salalah Waste Water Project isnot to be executed as a BOOT (build-own-operate-transfer) scheme has left bankers inMuscat remarkably unruffled. They remain optimistic that other BOOT schemes envisioned inthe Sultanate - notably Muscat Waste Water and the Salalah Power scheme - will join theUnited Power Company (UPC - which owns the al-Manah power station) as the only...