Middle East Economic Survey
VOL. LIII
No 20
17-May-2010
ISRAEL
Negev Power Plant Contract Awarded To Daewoo And Mitsubishi
The OPC Rotem subsidiary of Israel Corporation has signed preliminary agreements with South Koreas Daewoo and Japans Mitsubishi for contracts totaling $470mn to build a new power plant at Rotem Plateau in the Negev desert, it said on 9 May. Daewoo will be responsible for planning and building, and also the supply of equipment, which will be manufactured by Mitsubishi. The...
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