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Article: United Kingdom: Air Liquide confident Middle East projects will go ahead.
- Article from:
- TendersInfo
- Article date:
- October 15, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: manish03
Air Liquide is confident about its future industrial gas projects in the Middle East and has no plans for now to change its investment strategy as global financial turmoil continues, the company's regional head said.
Air Liquide has designated the Middle East as its focus for investment, aiming to spend $1 billion in the next five years on takeovers and building factories or infrastructure that provide gases, chiefly to refineries and the steel and petrochemical industries."For the region, I can say that the countries we work in are big lenders, not borrowers. They give our group stability, and I am confident they will proceed with ...
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