By John Lee. Iraq's Minister of Finance, Taif Sami Mohammed, signed an agreement with the Austrian ambassador to Baghdad to secure a €262.16 million [$291 million] loan from Austria's Erste Group Bank. The loan will fund the development of pivot irrigation systems for the Ministry of Agriculture, with Austrian company Bauer leading the project's execution. […]
By John Lee. The Iraqi Cabinet has granted the Finance Minister the authority to sign a loan agreement with Austria's Erste Bank, secured by the Austrian Export Credit Agency (OeKB). The loan will finance an irrigation technology project under the Ministry of Agriculture, in accordance with the Federal Budget Law for the fiscal years 2023-2025. […]
By John Lee. Iraq's Ministry of Agriculture has issued more details of the major contract it has signed with the Austrian company Bauer, a maker of irrigation equipment. A spokesperson told state-run Iraqi News Agency (INA): The Ministry announced a contract for 12,000 pivot sprinklers to be delivered this year. The value of the purchase […]
German construction and engineering company Bauer said it signed a letter of understanding on a $2.6 billion [3.1 trillion Iraqi dinar] contract to refurbish a dam in Iraq. "We expect the contract to be ready for signing within the next few months, after some final details have been clarified," Chief Executive Thomas Bauer said in […]
