Hutchison Ports and the Pritzker Family Business Interests (“PFBI”), advised by The Pritzker Organization, L.L.C. (“TPO”), announced today that the leading Hong Kong-based port operator has agreed to partner with NAWAH Port Management, L.L.C. (“NPM”) to manage existing and future operations at the historic Port of Basra in southern Iraq. Hutchison Ports will assume oversight […]
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Tags: Basra News, China, Eversheds, featured, Hong Kong, Hutchison Ports, Hutchison Ports Basra, Latham and Watkins, NAWAH, Nawah Port Management (NPM), North America Western Asia Holdings (Nawah), Paul Brinkley, Ports, Thomas Pritzker
NPM Approved for Food Imports
By John Lee. Nawah Port Management (NPM) has reportedly won approval from the Iraqi government to import food cargo at its Basra port container terminal. Nicholas Kunesh, NPM’s president and CEO, said: “This is an important moment for Basra and Iraq writ large. Given Iraq’s growing disposable income, particularly within the expanding middle class, demand […]