Iraq will conclude agreements for rehabilitation of 35 state-owned industries
16 July 2008 (Iraq Directory)
The Minister of Industry and Minerals Fawzi Hariri said that Iraq hoped at the end of this year to conclude a product sharing agreements with foreign companies, for the rehabilitation of thirty-five major industry state-owned.
He stressed that improved security situation in the country, attracting more than one hundred and twenty companies and group of companies all aspire to compete on common projects for ten years to fifteen years, with the aim of renewing dilapidated industrial companies under the privatization plan valued at billions of dollars.
He added to (Al Sumeria) that the evaluation of bids by foreign investors will be on the last day of this month to foreign companies that aspire to six cement factories and a large petrochemical group in Basra, and installation of iron and steel plants for medicine, chemicals, textiles and others. Iraq Updates