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The industry opens the door to investment in the Al-Qaim phosphate plant
6/12/2024 Baghdad
Anbar Governor's Advisor for Energy Affairs, Aziz Khalaf Al-Tarmouz, announced today, Wednesday, that the Al-Qaim phosphate plant will soon be transferred for investment after a hiatus that lasted for more than 15 years.
Al-Tarmouz said, "A large number of investment companies have submitted their papers to obtain this investment opportunity."
He added, "It is hoped that the project will be referred to one of the international investment companies within approximately 45 days."
He continued, "The value of the investment contract is about 3 billion dollars, as the plant is considered one of the most important sovereign strategic projects that serve the
economy of Iraq and Anbar."
He explained, "The Ministry closed the tender a week ago, awaiting its referral to the relevant international companies." LINK
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