Printer Friendly

Algeria large-scale projects executed in transparency.

Summary: The execution of the major projects in Algeria is made in compliance with international rules in terms of transparency and environment protection, said Tuesday an official of World Bank (WB), on the sidelines of major projects' financing.

The execution of the major projects in Algeria is made in compliance with international rules in terms of transparency and environment protection, said Tuesday an official of World Bank (WB), on the sidelines of major projects' financing. "In terms of execution and exploitation of major projects, the World Bank notices that in Algeria, the major projects were subject to international transparent invitation to tender which is also open to all the operators," Louis Bedoucha, Senior Business Development Officer, Multilateral Investment Guarantee Agency (MIGA) at the World Bank. "We wish that Algeria continues to comply with these rules in the application of these future large-scale projects," Bedoucha added, while talking on the 2nd day of a seminar organized by Association of International Finance Forum (IFF) on Project-finance. Aa

Copyright UMCI News

Provided by Syndigate.info an Albawaba.com company

COPYRIGHT 2010 Al Bawaba (Middle East) Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2010 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:UMCI News (Potomac Falls, VA)
Geographic Code:0BANK
Date:Jan 13, 2010
Words:176
Previous Article:Tunisia guest of honor at Zurich exhibition.
Next Article:Apache Successfully Tests West Kalabsha Discovery.
Topics:


Related Articles
Energy Recovery IncAsigns energy recovery contract for seawater reverse osmosis desalination plant in Algeria.
China to enhance its investments in Algeria.
Petrofac Awarded El Merk Project.
GPC held a meeting in Subrata at Alnigat Alkhams Shabia to follow up the execution of the developmental projects at the Shabia.
JGC Awarded Major EPC Contract for Gassi Touil Gas Processing Facilities in Algeria.
IFC to pump $24m into Algerian cement plant.
BP to Invest $2bn in Algeria.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters