Perspective
19 December 2013
Saudi Arabia’s SEC signs first loans for Jeddah South
Region:
Middle East & Africa
Saudi Arabian state-owned Saudi Electricity Company (SEC) has signed the first loans related to the development of the South Jeddah Power Project. The loans, signed in Tokyo amount to $366 million, and are co-financed between the Japan Bank for International Cooperation (JBIC) and commercial banks.
