By John Lee.
An Iranian company has struck a $40-million deal with Iraq for the supply of high voltage cables.
Alireza Kolahi, the Managing Director of Abhar Cable & Wire Co., said the contract was won despite competition from Malaysia, South Korea, Turkey, Italy, Germany, Switzerland, UAE and Saudi Arabia.
He said the Iraqi electricity industry has $400 million potential by 2030.
(Source: IRNA)
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