VOL. XXXVI

NO. 7

16-NOVEMBER-1992

Financial and Banking News

POLICY ISSUES

Kuwaiti Minister Moves towards Power Station Privatization

Kuwait's Minister of Electricity and Water, Mr. Ahmad al-Adasani, has askedlocal and foreign companies to submit bids to repair, operate and ultimately ownthe North Shuaiba power plant, which was destroyed during the Iraqi occupation.The move is part of a broader initiative by the Kuwaiti Government to considerprivatizing state-owned concerns. Plans have already been...