Energy contracts for Jubail and Yanbou

Article Abstract:

Contracts are to be offered to the energy sector to expand the existing gas, water and energy infrastructure of Jubail and Yanbou in Saudi Arabia. The Royal Commission leading the project is headed by Prince Abdullah bin Faisal bin Turki and the cost is estimated to be $3.5 billion. The two cities provide Saudi with 50% of its industrial output and 140 industries are based there. Saudi Arabia receives a yearly profit of $150 million from its 8 sea ports and the policy of port privatisation is to be accelerated. A major investment of about $155 million will be spent improving the country's 25 airports prior to privatisation.

Planning, Saudi Arabia, Gas industry, Jubail, Saudi Arabia, Abdullah, King of Saudi Arabia

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Brazil seeks foreign investment

Article Abstract:

The government in Brazil is encouraging the use of debt bonds as purchase methods in an attempt to raise foreign investor participation in privatisation. Electrobras is planning to launch a Eurobond issue to repay its debts to the federal government, and is to publish the tender for the construction of new hydro-electric stations. Electricity privatisation could continue with the sale of Light, which has assets of about $2.5 billion, and mining company CVRD may also joint the private sector.

Brazil, Privatization, Privatization (Business)

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Power sector affected by emerging risk

Article Abstract:

The Privatisation International infrastructure league tables show UK financial firms are focusing investments in the power sectors of emerging markets. Revenues for this energy sector were high even though emerging markets continued to have economic difficulties and overall investment in such developing economies declined. Greenfield projects were a favorite. Regions discussed include Asia, Africa, and Latin America.

United Kingdom, Market information - general, International economic relations, Financial Services, Finance and Insurance, Electric, Gas & Water Utilities, ELECTRIC, GAS, AND SANITARY SERVICES, Developing Countries, Analysis, Financial services industry, Finance, Statistics, Surveys, Public utilities, Project finance, Privatization International Inc.

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