Middle East Economic Survey


No 18



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...