By John Lee. The Industrial Cities Authority, affiliated to the Ministry of Industry and Minerals, held a meeting with the South Korean company TRAC Development Group to discuss establishment of an industrial city in Habbaniyah. Both sides sought to enhance communication and exchange of experiences with countries that are capable of managing industrial cities. The […]
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Hill Intl Shares Jump on $1.5b Iraq Deal
Shares in Hill International (NYSE:HIL) jumped 59% on Thursday following the company's announcement that it has received a contract from TRAC Development Group, a South Korean real estate developer, to provide project management and construction management services in connection with a major housing development in Iraq. In addition, Hill's majority-owned subsidiary HillStone International, LLC has […]