Iraq Leads Region with $519bn in Planned Projects

By John Lee.

Iraq is now among the biggest spenders in the Middle East when it comes to planned or under-way infrastructure projects, rivalling the expenditure of Saudi Arabia and the UAE, according to the MEED’s Gulf Project’s Index.

Iraq’s southern neighbours are spending $1.o5 trillion and $713bn respectively,but Iraq’s rising expenditure on energy projects will be the subject of the forthcoming “Iraq Energy Projects 2014” conference hosted by MEED Events on the 25th of February in Dubai.

Among the many delegates speaking at the event, Iraq’s Minister of Electricity, Karim Aftan al-Jumaili and the UAE’s Energy Minister Suhail Mohammed al Mazrouei will discuss Iraq-UAE collaboration on infrastructure projects.

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