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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Two years to complete the project.. Japan continues $ 4.5 billion to build an oil refinery in Iraq

    Rocky
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    Two years to complete the project.. Japan continues $ 4.5 billion to build an oil refinery in Iraq Empty Two years to complete the project.. Japan continues $ 4.5 billion to build an oil refinery in Iraq

    Post by Rocky Tue 02 Jul 2024, 6:54 am

    Two years to complete the project.. Japan continues $ 4.5 billion to build an oil refinery in Iraq

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    Economy News - Baghdad
    [rtl]Japanese Ambassador to Iraq Futoshi Matsumoto announced today, Tuesday, the start of the first phase of the project to improve water supplies in Samawah, while setting a date for the completion of the construction of a large oil refinery in Basra.[/rtl]
    [rtl]Matsumoto told the official agency, which was followed by "Al-Eqtisad News", "There are Japanese companies seeking to work in Iraq, such as Komatsu, a company that produces construction machines, and it is one of the very well-known companies."[/rtl]
     
    [rtl]He pointed out that "the company is very interested in investing in Iraq, and a delegation from it visited Basra Governorate to find out what machines Iraq needs to provide them with high quality." [/rtl]
    [rtl]Regarding Japanese projects and loans, Matsumoto stressed that “Japanese loans are important to stimulate the Iraqi economy and give the government an opportunity to bring in more Japanese companies, especially in infrastructure and oil projects.”[/rtl]
     
    [rtl]He added that "the company (GGC), which is working on building a large oil refinery in Basra, has invested 4.5 billion dollars in the project," noting that "this will require two years to complete the project, and this requires large loans from Japan, and there are great advantages to Japanese loans." [/rtl]
     
    [rtl]Regarding the project to improve water supplies in Samawah, the Japanese ambassador explained that “the Japanese company has started the design and the first phase of the project, and we need more than five years to complete it,” indicating that “this project is very important for the people of Samawah, and we are making every effort to implement it.”[/rtl]


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