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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Coinciding with Al-Sudanese visit.. Reuters: German companies plan to expand cooperation with Iraq

    Rocky
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    Coinciding with Al-Sudanese visit.. Reuters: German companies plan to expand cooperation with Iraq Empty Coinciding with Al-Sudanese visit.. Reuters: German companies plan to expand cooperation with Iraq

    Post by Rocky Fri 13 Jan 2023, 5:22 am

    [size=35][size=35]Coinciding with Al-Sudanese visit.. Reuters: German companies plan to expand cooperation with Iraq[/size]
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    International

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    2023-01-13 | 05:24
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    Alsumaria News - Economy

    The German company "Siemens" plans to expand its cooperation with Iraq by developing projects with a capacity of more than six gigawatts in the next five years.


    A spokesman for Siemens Energy told Reuters that this will include, among other things, the construction of power plants as well as development in the renewable energies sector and stabilization of the electricity grid

    . Those plans are with the Iraqi Minister of Electricity on Friday.”






    "Having a reliable source of energy is the foundation for a stable society," Bruch told Reuters. "Supplying electricity to large parts of an entire country is therefore one of the most important tasks of our company."

    He said, "The company will work to ensure that this is achieved as stated as soon as possible with its partners in Iraq."

    The company added, "The current roadmap is linked to the 2019 agreement, which includes projects with more than gigawatts by 2023."


    Yesterday, Thursday, the Prime Minister, Muhammad Shia Al-Sudani, stated that the Iraqi government is working to overcome obstacles in front of the companies' work.


    Al-Sudanese stressed, during his meeting with representatives of German companies, in the invitation held by the Arab-German Chamber of Commerce in Berlin, “The new Iraqi government is heading towards more participation of German companies in the reconstruction and development of infrastructure. "

    He added, "Iraq places its trust in German companies, due to its expertise, high efficiency, and global reputation," stressing by saying, "The Iraqi government seeks to diagnose the challenges facing the investment process in Iraq, and put them in a direction that is consistent with international standards.”

    Al-Sudanese pointed out that "the government is working to overcome obstacles in front of companies operating in Iraq, provide the necessary facilities, reduce bureaucracy facing investors and simplify procedures," revealing that "it is expected that the costs of producing renewable energy in Iraq will be low compared to other countries, as well as support the Iraqi government's plan to develop the energy and electricity

    sector.It is noteworthy that the Sudanese Prime Minister Muhammad Shia'a arrived in Berlin yesterday, Thursday, with a high-level delegation. , where he met German Chancellor Olaf Scholz.

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