World Bank to Sudan: Ready to finance projects in Iraq
Prime Minister Mohammed Shia al-Sudani discussed projects under discussion with ministries in the railway, highway, and energy sectors on Sunday with a World Bank delegation. The delegation head expressed the bank's willingness to stand with Iraq and finance projects, including those in the private sector.
Prime Minister Mohammed Shia al-Sudani received today, Sunday, the World Bank's Vice President for the Middle East and North Africa, Mr. Ousmane Dione, and his accompanying delegation.
The World Bank delegation reviewed projects under discussion with relevant ministries and authorities in Iraq in the railway, highway, and energy sectors, including the fixed gas platform at Faw Port, the Ministry of Electricity's plan for the coming years to expand electricity production, transmission, and distribution, and other infrastructure projects.
The Prime Minister praised the World Bank's efforts in supporting Iraq, stressing the importance of private sector projects receiving support from the Bank through the International Finance Corporation (IFC).
For his part, the head of the delegation expressed the World Bank's readiness to support Iraq in its development renaissance in all areas, as well as its willingness to provide project financing facilities, including private sector projects. link
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