VOL. XXXII

NO. 14

9-JANUARY-1989

BAHRAIN

GIIC's Iron Pelletizing Plant Concludes Supply Contract with Iraq

The Gulf Industrial Investment Company (GIIC) - the subsidiary of theKuwait Petroleum Corporation (KPC) which acquired last April the $300mn ironpelletizing plant in Bahrain previously owned by the Arab Iron and SteelCompany (AISCO) - has concluded a contract to supply the state-owned IraqiEnterprise for Iron and Steel with 4.5mn tons of iron pellets over a period offive years.

Last November,...