Mr. Jreissati then discussed the latest shows organized by IFP Iraq in more detail, saying: “In order to expand the range of business opportunities presented at “Project Iraq 2011” to participants and visitors alike, we decided to hold the exhibition concurrently with “Elenex Iraq 2011”, the International Energy Exhibition for Iraq covering Electrical Engineering, Lighting, Power Generation and Distribution, covering all the energy and water sectors’ needs from technologies to equipment, products and services, especially when it comes to large-scale projects in the public sector.”
"This exhibition comes primarily to provide Iraqi officials and decision-makers in the public and private sectors with a greater variety of solutions enabling them to raise production capacity and meet growing demand. It also answers the needs of development projects in terms of technologies, solutions and services in electrical engineering, lighting and other fields, thus enhancing the capacity and potential of entrepreneurs and businesspersons to improve quality in their projects."
In addition to a wide selection of electricity and lighting products, “Elenex Iraq 2011” included heating, ventilation and air-conditioning products, alarm systems and many more technologies on display by over 100 local, regional and international companies, thereby becoming the biggest trade event of its kind in the Iraqi energy market.
The Ministry of Electricity in the Kurdistan region also announced its plans to raise electricity production capacity in the region to 6,000 megawatts in the near future, through the establishment of several new power plants in different parts of the territory. This plan follows the signing of a contract between the ministry and the Kirkuk governorate to provide 200 megawatts of electricity to the governorate, thus further increasing the region’s already rising demand. Previously, the ministry had signed a contract worth USD 40 million with an Italian company to renew hydroelectric plants in the territory, in parallel with efforts already underway on several projects aiming to rehabilitate existing plants.