Iraqi PM Welcomes Chinese Investment in Industrial Projects

By John Lee.

Prime Minister Mohammed Shiaa Al-Sudani met with Zhang Jiming, the CEO of China's Changxin Company [Shanxi Changxin?], and accompanying delegation.

The Prime Minister highlighted Iraq's abundant investment opportunities during the meeting, expressing the government's commitment to providing necessary facilitations for major international companies.

Shang Xin Corporation, a prominent Chinese company with global investments, is set to initiate a state-of-the-art industrial city project in Basra Province for iron production using sponge iron.

Additionally, the company is in talks to invest in a sulfur project in Iraq for export purposes.

(Source: Media Office of the Prime Minister)

One Response to Iraqi PM Welcomes Chinese Investment in Industrial Projects

  1. Emilia 31st December 2023 at 12:23 #

    I wanna ask,, does the iraqi Dinar would be reavaluation,,,??