MIDDLE EAST DEALS
- From: Vol 5, Issue 10 (October 2004)
- Category: Need to know
- Region: Middle East
- Country: Algeria, Israel, Lebanon and Oman
- Related Companies: Bayerische Landesbank, Black & Veatch, BNP Paribas, EBD Group, Fortis, Gulf International Bank, KBC Bank NV, Mitsui & Co., Oman Arab Bank, Sogex Oman and Sumitomo
The Beirut operation of EBD Group was awarded a $100 million contract by Sudan’s Ministry of Planning & Development to build three wastewater treatment plants and expand the existing sewerage network to serve the growing needs of the capital Khartoum. EBD will form a project company with the Sudanese government, with EBD taking a 60% share.
The Lebanese firm will also supply the technology for the new plants. The turnkey project will be carried out on a BOOT basis. The duration of the contract is 25 years. EBD recently completed the works of Phase 1 of the City of Port Sudan Desalination Project. The first phase included the inauguration of two large plants serving the south ...
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