GCC aid package threatens Bahrain BOT
- From: Vol 12, Issue 6 (June 2011)
- Category: General
- Region: Middle East
- Country: Bahrain
- Related Companies: Fichtner, Gulf Cooperation Council, HSBC and Norton Rose
Bahrain could be dropping its ambitious wastewater privatisation programme after the GCC ‘stabilisation’ package nearly doubled its infrastructure budget. Does paying for future projects up front make financial sense?
Private wastewater developers and operators look set to lose out in Bahrain, as the government plans to drop the high-profile Tubli WWTP as a privately financed project after being given $10 billion of infrastructure aid by the Gulf Cooperation Council.
The island state now has more money to spend on infrastructure, after its fellow GCC nations agreed a $10 billion ...
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