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Article: Jordan Phosphate up for sale. (Industry).(Jordan Phosphate Mines Co.)(Brief Article)
- Article from:
- MEED Middle East Economic Digest
- Article date:
- February 15, 2002
CopyrightCOPYRIGHT 2002 MEED Middle East Economic Digest. All Rights Reserved. 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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Five international companies have been prequalified to advise the government on the privatisation of the debt-ridden Jordan Phosphate Mines Company (JPMC), an official of the executive privatisation commission told MEED on 11 February. Nineteen firms were canvassed for expressions of interest in June. The five shortlisted companies are expected to submit technical and financial proposals for the study by 20 February. The commission will announce a preferred bidder in May and the government hopes to be in a position to privatise the company by the end of the year, the official said (MEED 22:6:01).
The privatisation study is financed by a World Bank-administered ...