May 25, 2011 Leave a Comment
Source: Dinar Daddy’s Tidbits
URL: http://theiraqidinar.com/2011/05/25/dozens-of-countries-flock-to-iraq/
Posted on 24 May 2011. Tags: Baghdad, Industry & Trade, Investment
Just this week, we have seen a United Arab Emirates firm invest in a new Iraqi oil refinery, a German company discussing investing in Basram, and a Korean company building 25 power stations.
On top of that, there have been Iranian gas deals amd Saudi Arabian interest in Iraqi telecoms, plus both British and Turkish firms have been mentioned in the topic of new investment in Iraq.
It is not surprising, then, that the Iraqi Department of Trade is expecting even bigger things for the next Baghdad International Fair.
30 countries and 1,500 companies are expected to attend from around the world, the Ministry for Trade said. Learning its lessons from last year, the preparations for this year are to begin earlier
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