Wednesday, February 29, 2012

* Iraq Seeks up to $700bn Investment in Infrastructure

Sami al Araji, chairman of Iraq’s National Investment Commission (NIC), compared the opportunities in Iraq to “Germany after the Second World War”, adding, “our message to the world is that we are open for business — there are huge opportunities”.
Dennis Flannery, Iraq country head of global investment bank Citigroup, told the conference that the oil industry will throw up tremendous wealth that will transform Iraq, calling the country a “great frontier opportunity for investors.” 
http://www.iraq-businessnews.com/2012/02/29/iraq-seeks-up-to-700bn-investment-in-infrastructure/

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