Iraq is Where It's At for Orascom!
Orascom Construction has signed a a $363 million deal with Iraq’s electricity ministry, to build a gas power plant in Northern Iraq.
The project is expected to finish after 21 months of intensive building and labor, the investment comes from increased demand to supply electricity to rural and urban areas in Norther iraq.
If you ask us considering where Egypt is going, it’s good to see the big power players in the industry heading out and finding opportunities elsewhere!
