VOL. XL

No. 49

8-December-1997

SYRIA

Syria Approves First Private Power Plant

Syria has approved the construction of the first privately-owned power plant in thecountry, thereby opening up to private investors a sector that has so far been reservedfor the government. In Brussels, Belgian energy holding company Tractebel said on 4December that it and US-based investment company Sarakbi Group have been given thego-ahead to build the first private sector power plant in Syria. Sarakbi Group is an...