VOL. XXXIX

No. 30

22-April-1996

UAE

Ansaldo/Alsthom Win Contracts For Sharjah Desalination/ Power Plants

The emirate of Sharjah has awarded Ansaldo Energia of Italy's Ansaldo group a Dh191mn ($53mn) contract to build on a turnkey basis a desalination plant with a capacity of 5mn gallons/day at the al-Layyah station. The Dubai Islamic Bank will finance the project which is scheduled for completion in two years. Sharjah also awarded European Gas Turbine, a subsidiary of France's Alcatel...