France’s cement maker, Lafarge, has invested $600 million to upgrade production in two Iraqi cement companies.
French cement maker invests $600 million in Iraq
The latest investment news from Iraq – news on the Dinar, finance and more – brought to you by Iraq Business News
France’s cement maker, Lafarge, has invested $600 million to upgrade production in two Iraqi cement companies.
A joint conference was held on Tuesday by the Iraqi businessmen association with the Turkish consulate in Basra to develop commercial relations between the two countries.
Talks poured over opening an office to implement projects in coordination between Turkish companies and local businesses.
Renowned French hypermarket chain Carrefour will open its first Iraq store by the end of 2010 in Kurdistan Region under license from the United Arab Emirates franchise
The council authorised the minister to invest the remaining amount of the Japanese loan of around $220 million in projects.
The Basra investment commission said it received on Monday a delegation from a Turkish company, ranked 150 among construction companies worldwide, to discuss a housing project in the province, according to a commission statement.
The Iraqi Ports Company has called on international and local firms to invest in a Basra port.
He said that trade exchange between Turkey and Iraq’s Kurdistan hit $9 billion since 2009, adding a free market will be opened on the border point between the two sides.
Preparations have been made for an international exhibition for Turkish industries at Basra International Airport, a local source said on Thursday.
Sheikh Ahmed al-Seleity received a trade delegation from Bulgaria and the trade attaché in the Bulgarian embassy in Baghdad to facilitate investment in Basra
The Iraq Stock Exchange expects to boost business by 50 percent once new securities legislation is in place as new foreign investment i drawn in.
The local government is studying a project put forward by CNPC, Total and Petronas, which invest in al-Halfaya oil field, to turn al-Bateera military airport into a civil one,” the head of the investment commission in the Missan provincial council, Muhsin al-Bakhati said.
