VOL. XL
No. 43
27-October-1997
YEMEN
Singapore Ports Authority Acquires 49% Interest In Aden Port Development Company
The Port of Singapore Authority (PSA) has acquired a 49% interest in Yemen Investmentand Development International (Yeminvest), which has been entrusted with the constructionof the Aden Free Zone under a 25-year $400mn build-operate-transfer (BOT ) contractconcluded with the Yemen Free Zone Public Authority in 1995. Last June, Yeminvest awardedPSA a $187mn contract for the...
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