Iranian firm to build factory in Iraq

Iranian firm to build factory in Iraq
02 October 2008


An Iranian firm has been offered an investment license to build a cement factory in southern Iraq by provincial authorities in Thi-Qar.

"The Thi-Qar Investment Board has given a UAE-based Iranian firm an investment license to build a cement factory in the province, "Mohamed Aziz al-Hindawi, Marketing Director for Thi-Qar Investment Board, told Aswat al-Iraq news agency.

According to a press tv report, Hindawi did not provide additional information on the cost of the project or its likely start but said that "negotiations were in final stages."
Published under Cement News