Arabs want to build generators.

ARABS WANT TO BUILD GENERATORS. Middle Eastern investors have presented President Leonel Fernandez with a proposal to construct two coal-fired generators in Azua and Manzanillo, reports Listin Diario (July 27, 2005). The delegation reportedly would take over Westmont Power's original offer, thus freeing the Dominican Government from the requirement to pay US$140 million upfront, and build a new oil refinery either in the Bay of Ocoa or in Manzanillo. The total investment value of the proposal would be US$2 billion. The Middle Eastern team was headed by Mabarak Bin Fahad who represented Sheikh Sultan Bin Zayed al Nahan's investment office. The offer also included the construction of the transmission lines for the new power generators.