Tuesday, May 21, 2024

Baghdad

Foreign companies contracted to renovate cement plants

BAGHDAD / IraqiNews.com: An Iraqi delegation to the Jordanian capital has signed two agreements with a number of foreign companies to renovate two cement factories in Anbar and Ninewa provinces, the Iraqi Ministry of Industry and Minerals said on Saturday. “Led by a legal advisor to the prime minister, Fadhil Mohammed Jawad, a Ministry of Industry and Minerals delegation has negotiated a deal to renovate a number of factories,” according to a statement received by IraqiNews.com. The statement quoted Jawad as saying that a preliminary agreement worth $50 million was signed with three companies. Another agreement has been made to rehabilitate and develop a cement factory in Sinjar over a period of 15 years, he added. In late November, the ministry signed a preliminary agreement with international companies in the Jordanian capital to rehabilitate and develop Kabeesa cement factory. SS (P) 1

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