IRAQ: KURDISH GOVERNMENT SIGNS 40M DEAL WITH ITALIAN FIRM
Erbil, 26 April (AKI) - An Italian company has won a 40 million dollar contract with the Kurdistan regional government for an overhaul of the electricity system in the two main power plants in the region, at Dokan and Darbandikhan. The ministry of electricity has chosen ELC-Electroconsult a global consulting engineering company, for the World Bank-funded scheme. "It is one of the biggest projects of the ministry in recent decades," a spokesman told Adnkronos International (AKI).
He added that at the signing ceremony the minister reaffirmed "the urgent need of Kurdistan for similar investment projects in various sectors but especially in electricity given the major problems the region has in this field."
"He appealed to Italian companies to invest in Kurdistan where the environment is ideal for this sort of activity," the press officer added.
During his recent visit to Italy, the president of the autonomous region of Kurdistan, Massoud Barzani, urged the government to "press Italian firms to promote strategic investment projects in Iraqi Kurdistan" stressing the "willingness of the regional government to provide all the neccessary support to investors."
The two hydroelectric plants of Dokan and Darbandikhan were built by the Russians in the 1950s but in recent years the deterioration of the original strucutre has led to a series of problems.
Electroconsult was established in 1955, with the objective of making available on the international scene the expertise accumulated over the years by two major Italian private firms leading and pioneering since 1930 in the planning, design and construction of hydropower schemes in the Alps mountain range of Northern Italy.
He added that at the signing ceremony the minister reaffirmed "the urgent need of Kurdistan for similar investment projects in various sectors but especially in electricity given the major problems the region has in this field."
"He appealed to Italian companies to invest in Kurdistan where the environment is ideal for this sort of activity," the press officer added.
During his recent visit to Italy, the president of the autonomous region of Kurdistan, Massoud Barzani, urged the government to "press Italian firms to promote strategic investment projects in Iraqi Kurdistan" stressing the "willingness of the regional government to provide all the neccessary support to investors."
The two hydroelectric plants of Dokan and Darbandikhan were built by the Russians in the 1950s but in recent years the deterioration of the original strucutre has led to a series of problems.
Electroconsult was established in 1955, with the objective of making available on the international scene the expertise accumulated over the years by two major Italian private firms leading and pioneering since 1930 in the planning, design and construction of hydropower schemes in the Alps mountain range of Northern Italy.
posted by David Smajovits at 4/27/2007 01:05:00 AM
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