VOL. XXXVII

NO. 41

11-JULY-1994

Syria

$200Mn Saudi Loan For Aleppo Power Plant

An agreement was signed in Damascus on 2 July under which the Saudi Fund forDevelopment will provide a loan of $200mn to help finance the cost ofconstructing a 1,000-MW power plant at Aleppo in northwest Syria. The plant,which will be implemented in two stages involving 600 MW in the first and 400 MWin the second, forms part of an overall Syrian plan to alleviate the country'schronic power shortages (MEES, 27...