View Full Version : Turkish Firm to Invest $700m in Steel Plant

Investors Iraq News
02-12-2013, 04:20 PM
By John Lee.
The Ministry of Industry and Minerals has signed an 18-year contract with a Turkish company to run iron and steel plant in Basra.
According to Steel Network, $700 million will be invested to bring production capacity to 1 million tonnes per year.
Work at the plant, located in the Khor Al-Zubair, is expected to take three years.
(Source: Steel Guru)

Source: Iraq-BusinessNews.com. (http://www.iraq-businessnews.com/2013/02/12/turkish-firm-to-invest-700m-in-steel-plant/)

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