VOL. XXXVIII
NO. 40
3-JULY-1995
OAPEC
ASRY Plans $87Mn Expansion Project
The OAPEC-sponsored Bahrain-based Arab Shipbuilding and Repair Yard (ASRY) isplanning an $87mn expansion project involving the dredging of a new channel andbuilding a new quay to meet increased demand for ship repairs, according toASRY's Deputy Chief Executive, Mr. Muhammad al-Khatib.
Construction work on the three-phase project will begin in 1996 withcompletion scheduled in seven to eight years. In the first phase the new...
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