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World Bank: Turkish companies acquire Iraq reconstruction projects

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Rocky


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World Bank: Turkish companies acquire Iraq reconstruction projects




World Bank experts estimate that the cost of reconstruction of Iraqi cities and areas recovered from a terrorist organization is estimated to be about $ 100 billion.

The newspaper "Monitor" the US report, quoting experts from the World Bank and the "Economic News", that the reconstruction programs in Iraq will be a lucrative and attractive labor market for major construction companies in the world.
According to the newspaper, these experts have confirmed that Iraq will be the largest market for reconstruction in the world, starting in 2018, which will benefit primarily Turkish construction companies.
The International Bank for Reconstruction and Development (IBRD) has previously confirmed that it will participate extensively in the implementation of the reconstruction program of cities destroyed by the war in Iraq, where the government of Baghdad, in May, negotiations with the bank to launch the program, Where priority is given to road projects and infrastructure of state utilities, which have been almost completely subverted.
The US President, Donald Trump, had presented in February, the House of Representatives of the US project 'reconstruction of Iraq for oil', and carries the project has more than 100 paragraphs, the majority of a legal and financial nature, through which Iraq may be able to map a return Emaar.

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