VOL. XXXIX

No. 9

27-November-1995

SYRIA

EIB Loan Of $17.7Mn To Turkey For Power Link With Syria

The European Investment Bank (EIB) is extending a loan of ECU 13.5mn (about $17.7mn) to the Turkish Electricity Generation and Transmission Corporation (TEAS) for interconnecting the electricity grids of Turkey and Syria. The investment involves the installation of a 185-km. transmission line from Aleppo in northern Syria to the Ataturk dam in southern Turkey. It forms part of an...