Banks prepare for Kahrama award
Eight banks are expected to have submitted proposals by 11 October for the role of global co-ordinator on the international debt package for the country's first independent water and power project (IWPP). The owner and developer of the Arzew-based project is Kahrama, an 80:20 venture between the US' Black & Veatch (B&V)and Algerian Energy Company (AEC), an investment company which is itself a joint venture between state energy and power companies ...
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