Tag Archives | korean

Cabinet Approves $700m Daewoo Deal

By John Lee. Iraqi Cabinet has authorised the Transport Ministry to sign the breakwater project for Great Fao [Faw] Port in Basra with the South Korean company Daewoo Engineering and Construction. According to a report from Aswat al-Iraq, this phase of the project will cost 521.56 million Euros. (Source: Aswat Al Iraq)

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Basra Governor Discusses Investment Opportunities with S. Korean Delegation

Basra’s Governor, Shaltagh Abboud al-Mayyah, discussed the investment opportunities available in the province with a delegation representing the South Korean companies, according to a press release from the province’s information office on Thursday. “Governor Shaltagh received a South Korean delegation comprising the country’s Ambassador to Baghdad and representatives of investment firms, for talks on means […]

Blair Took Cash from Korean Oil Firm

Former British Prime Minister Tony Blair is alleged to have received cash from a Korean oil firm run by a former bribery convict for advice on Iraq’s oil-rich Kurdistan, according to news reports in Korea. It had been kept secret for nearly 20 months before it was revealed last week. Blair, who has been accused […]