A magnificent launch: More than 90 exhibitors from 16 countries already registered for iraq agrofood & ppp 2019 - still more to come
Three key figures to characterize the Iraqi market: Value of own food and beverage production US$ 3 billion, food imports US$ 6.3 billion and hundreds of millions of dollars invested annually in modern processing technology.
It’s been only a few months, that fairtrade presented iraq agrofood and its partner event plastprintpack iraq for the first time. But already now more than 90 well-known exhibitors from 16 countries have registered. And new exhibitors are being added every day. A great result for a launch event in Iraq.
Siemens CEO Joe Kaeser in Baghdad on October 20, 2018
Siemens and GE sign agreements for power projects in Iraq
Both companies are competing for contracts in the country. The agreement, which was signed by the Siemens president and chief executive Joe Kaeser and Iraqi electricity minister Qasim Al Fahdawi, follows an earlier presentation of a power rehabilitation roadmap.
Siemens and General Electric signed preliminary agreements to add 11 and 14 Gigawatts respectively to Iraq’s power infrastructure amid competition for multibillion dollar contracts.
Source: The National - October 21, 2018
Iraq - The market
Iraq is undergoing rapid reconstruction with the help of the international community
After a long period of political instability, Iraq is now hoping for rapid reconstruction. Foreign state donors, but above all private investors, should make a significant contribution. Together with the World Bank and the International Monetary Fund, Iraq is working on economic reforms ...
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