Iraqi PM Welcomes Chinese Investment In Industrial Projects
Date
12/3/2023 9:00:24 PM
(MENAFN- Iraq Business News)
By John Lee.
Prime Minister Mohammed Shiaa Al-Sudani met with Zhang Jiming, the CEO of China's Changxin Company [Shanxi Changxin?] , and accompanying delegation.
The Prime Minister highlighted Iraq's abundant investment opportunities during the meeting, expressing the government's commitment to providing necessary facilitations for major international companies.
Shang Xin Corporation, a prominent Chinese company with global investments, is set to initiate a state-of-the-art industrial city project in Basra Province for iron production using sponge iron.
Additionally, the company is in talks to invest in a sulfur project in Iraq for export purposes.
(Source: Media Office of the Prime Minister)
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