AMEinfo EXPERTS
by Ismail Al Hammadi
Al Ruwad Real Estate


VIEW ALL EXPERTS

Iraq signs $500 million electricity deal with ABB

February 26, 2017 5:33 pm


Iraq signed a $500 million agreement with ABB to implement energy projects, Prime Minister Haider Al Abadi’s office said in a statement on Sunday.

“An electricity agreement was signed between the government of Iraq and the Swedish company ABB for the implementation of energy transmission for … the Ministry of Electricity,” Abadi’s office said, valuing the contract at $500 million.

Iraq continues to suffer electricity shortages, 14 years after the U.S.-led invasion that toppled Saddam Hussein.

Tags:

Reuters
By Reuters
A division of Thomson Reuters, Reuters is an international news agency headquartered in London, England, and provides up-to-the-minute news and views on global and regional events.

AMEinfo EXPERTS
s