A consortium of Turkish firms is negotiating with the authorities in the southern Iraqi Province of Missan for the construction of a 500-megawatt power plant, according to a report from Azzaman News Agency.
Governor Mohammed al-Sudani said the talks were in an advanced stage and that representatives from the Turkish consortium were currently discussing the details on how to start the project.
Sudani did not say how much the plant will cost, but said the site was being prepared and that all legal and administrative issues have been solved.
“Our province enjoys a unique position in Iraq by being stable from the security point of view. This situation should create an environment that will encourage investors and foreign firms to carry out projects,” he said.
The province of which the city of Amara is the capital borders Basra to the south and Iran to the east. It was famous for its marshlands before they dried up mainly due to the declining water levels from the country’s Twin Rivers, the Tigris and the Euphrates.
The province is currently one of the most impoverished in Iraq with high unemployment rates. Its economy has declined drastically in the past few years.
Sudani said his province was keen to expand trade and economic ties with Turkey.
“We have called on Turkish firms to set up a permanent trade fair in the province,” he said.