Tag Archives | CMEC

Cabinet Approves Measures to Expedite Investment Projects

Cabinet approves measures to expedite completion of investment projects The Cabinet¬†held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Adil Abd Al-Mahdi. The Prime Minister briefed the Cabinet on national developments, and underscored that, during this period, ministries and other state institutions will continue to discharge their day-to-day duties […]

China's CMEC Wins $1.2bn Power Project

China Machinery Engineering Corp (CMEC) signed a $1.19 billion contract to build a 1,260-megawatt power station in Iraq, according to Gulf News. The Beijing-based company will install the natural-gas-fired plant in the Salahuddin governorate north of the Iraqi capital within 45 months, Mussab Serri,¬†an Electricity Ministry spokesman, said in an interview during the signing ceremony […]

Iraq in $1bn Power Deals with Chinese, Korean Firms

Reuters reports that Iraq has finalised a $1.08 billion contract with the China National Machinery & Equipment Import & Export Corp (CMEC) to build a 1,260-megawatt thermal power plant. "The signing will take place next week or the week after," Laith al-Mamury, the head of investments and contracts at the ministry, said at a ceremony […]