$ 36 billion
worth investment opportunity in Iraq
Bora Can Yıldız, the
Chairman of the Board of EID Construction running energy and construction
projects in the Middle Eastern countries, especially in Iraq, represented
Turkey in the Infrastructure Conference held in Dubai. In his speech Yıldız
stated:
“Iraq needs 2,5
million new dwellings. The government of Iraq allocated a budget of $ 36
billion for the construction of new dwellings until 2016. 500 new bridges and
4.500 km long road will be built in Iraq next year. The Turkish companies
encounter many obstacles due to the tension between the central government of
Iraq and Turkey. If the companies go by the book in Iraq, they can get a share
from the $ 1 trillion worth market in the medium term.”
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