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Egyptian companies want to invest in Babylon
Iraq 2024/08/08
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Babylon Investment Authority revealed that Egyptian companies have submitted requests to invest in the energy sector in the governorate.
The head of the authority, Abdul Jalil Al-Shajri, told Al-Sabah: A delegation from an Egyptian company expressed its desire to invest in the field of converting waste into electrical energy, indicating that the delegation provided a detailed explanation of the mechanism and requirements for establishing a project to produce electrical energy at a rate of 500 megawatts by burning solid waste in the Abu Samij area in Al-Kifl district.
For his part, member of the Babylon Provincial Council, Muhannad Al-Anzi, confirmed that the council supports all companies that have a real desire to invest, pledging to work to overcome the obstacles facing important projects.
Edited by: Najm Al-Sheikh Dagher
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