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International partnerships within the Iraqi labor market
Economic 2024/10/30
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Hadi Handas, a member of the Baghdad Economic Forum, described international partnerships within the Iraqi labor market as an important task that improves the reality of the national economy, moves the national labor market and makes it achieve integration with specialized global markets.
Integrated Gas
He pointed out that the agreement of Qatar Energy Company with “Total Energies” in the solar energy project affiliated with the Integrated Gas Growth Project in Iraq, is an important step and carries economic and strategic positives in more than one sector.
Local Partnerships
Handas indicated that the Iraqi market accommodates many international partnerships and local international partnerships, and in all cases and by all accounts we find the matter beneficial to Iraq and achieves gains at all levels, and we hope that such experiences will be repeated within the Iraqi market.
Labor Market
He stressed the inevitability of choosing solid companies to work within Iraq in all sectors without exception, especially those that have a history and are well-respected for their reputation within the global labor market, as such companies will accomplish as required and will not be affected by any temptations at the expense of performance.
Qatar Energy had previously announced the signing of an agreement with TotalEnergies to partner in the solar energy project of the Integrated Gas Growth Project in Iraq.
Solar energy
According to a statement issued by the company, under the agreement, which is subject to the approval of the relevant authorities, Qatar Energy will acquire a 50% stake in the solar photovoltaic project, while TotalEnergies will retain the remaining stake.
The statement explained that this strategic project, which will be one of the largest projects in the world, will include two million high-efficiency bifacial solar panels installed on single-axis trackers, and will be able, upon completion, to provide up to 1.25 gigawatts (at peak) of solar-generated electricity to the electricity grid
in Basra.
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