Middle East Economic Survey

VOL. LIV

No 18

2-May-2011

IRAQ

Iraq Signs $1bn Deal With Shanghai Electric For Power Plant Expansion

Iraqs Ministry of Electricity signed a $1bn agreement with Chinas Shanghai Electric Group on 25 April to nearly double the size of a power plant in the town of Zubaidiya, south of Baghdad. According to media reports, the plant was initially planned to have four 330mw generators for a total capacity of 1.32gw, but the new deal would see two additional 610mw...