Saturday 24 August 2019

China firm wins $1.39bn Iraq infrastructure contract

BAGHDAD, 16 days ago

A Chinese company has won a $1.39-billion construction contract to implement civil engineering and infrastructure projects in southern Iraq, a report said.
China Construction Third Engineering Bureau said it has signed with Iraq a package contract for projects covering housing, education, medical care, visitors' serving complex and ancillary facilities in the governorates of Najaf, Karbala and Basra.
The projects, which include low-cost housing, education and medical centres, as well as tourist service centres and supporting infrastructure, will take three years to be completed, the company said.


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