VOL. XXXVI
NO. 15
11-JANUARY-1993
UAE
UAE Businessmen Consider New Steel Plant
A group of UAE businessmen and international companies are considering plansto build a 600,000 ton/year steel plant in Abu Dhabi or Dubai at an estimatedcost of $408mn. According to Mr. Hisham Talib of the UAE ContractorsAssociation, work on the project would start in a year's time. The plant willimport iron ore from Africa, Europe and Japan, and the UAE Government might takea share in the project, Mr. Talib said.
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