Middle East Economic Survey

VOL. LIII

No 45

8-Nov-2010

Banks Join Forces To Fund The Next Phase Of Iraqs Development

The countrys first project financing is coming soon and will be implemented in the power sector, writes Melanie Lovatt.

Now that Iraq has awarded its major oil and gas field projects to foreign companies, the country must press on with its next phase of development, and a newly created joint venture company is positioning itself at the forefront of this action. The two...