Chinese Company signs $1.4bn Iraq Construction Deal

By John Lee.

A Chinese company has reportedly signed a $1.39-billion construction contract in Iraq.

According to Xinhua, China Construction Third Engineering Bureau will implement civil engineering projects and infrastructure in southern Iraq, including low-cost housing, education, medical centres, and facilities projects in governorates of Najaf, Karbala and Basra.

(Source: Xinhua)

One Response to Chinese Company signs $1.4bn Iraq Construction Deal

  1. Fred 8th August 2019 at 12:35 #

    Awesome! Now lets see the rate change.