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Iraq to Offer Tenders to Refurbish 250 State Industrial Plants

Iraq issued tenders to redevelop more than 10 industrial plants as part of a plan to revamp 250 state-owned facilities through private investors, an industry ministry official said.

“We now have tenders for more than 10 plants for joint strategic partnerships on a 15-year production-sharing basis,” Deputy Minister Mohammed Abdullah Mohammed said in an interview in Istanbul yesterday. “The tendered plants are mainly producing cement, petrochemicals, steel and pharmaceuticals.”