Qatari companies partner with Iraq on $9.5bn worth of projects 

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Mon, 2023-06-19 13:36

DOHA: Three Qatari companies and Iraq’s National Investment Commission have agreed to develop $9.5 billion worth of projects in Iraq, including the construction of a pair of power plants that will generate a total of 2,400 megawatts, according to statements issued on Sunday. 

UCC Holding and the investment commission on Thursday signed a 25-year public-private partnership linked to the two power plants, which will cost $2.5 billion to build, a statement issued by UCC Holding said. 

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