Disclosure of the details of the investment contract for the largest industrial plants in Iraq
13:45 - 15/03/2021
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The advisor to the governor of Anbar for energy affairs, Aziz Khalaf Al-Tarmouz, revealed on Monday the details of the investment contract for the largest industrial plants in [You must be registered and logged in to see this link.] to a group of foreign companies.
Al-Tarmouz said in a statement to Al-Maalouma that “the Ministry of Industry referred the Al-Qaim phosphate plant in western Anbar, which was considered one of the largest industrial plants in the Middle East, to the Czech company Vinesta Crop and Thomas de Olivra, which was established for the reconstruction and rehabilitation of the factory damaged by terrorist operations and which has been out of work since About 17 years old.
He added that “the referral period is 25 years with a financing amount of 2 billion dollars. The assignment clauses include the establishment of an ammonia / urea plant with a capacity of 100 to 1500 tons per day as well as the establishment of many service facilities for the company’s workers, indicating that“ the contract obliges the group of foreign investment companies to pay the salaries of the company's employees. And the daily contracts and procedures, starting with the signing and formal ratification of the contract.
It is noteworthy that the General Phosphate Company was considered one of the largest fertilizer factories in the Middle East, located in Al-Qaim district, west of Anbar, and attracted workers from all Iraqi provinces. End / 12 a