Iraq Business News: Jordan Invited to Join $40bn Iraqi Reconstruction Plan

Iraq Business News
All the latest business news from Iraq
Jordan Invited to Join $40bn Iraqi Reconstruction Plan
Jan 25th 2012, 20:17

The Iraqi housing and rehabilitation minister, Mr Mohammad Darraji, has urged Jordanian construction firms and contractors to enter Iraq, reports Steel Guru.

Jordanians have a real opportunity to contribute to Iraq’s huge rebuilding projects, for which the government has allocated $40 billion in 2012, he said.

Mr Darraji made the remarks during a meeting with Jordanian minister of public works and housing, Mr Yahia Al Kasbi, and leading businessmen in the construction sector.

Describing it as a “reconstruction blueprint unprecedented in the Arab area”, he added that “given their expertise and reputation, Jordanian and other Arab contracting firms can have a tangible role in the Iraqi reconstruction process.”

He went on to assure them that investments in the reconstruction activity would be guaranteed by the Iraqi government.

(Source: Steel Guru)

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