Iraq, Germany’s Siemens sign power agreement

Prime Minister Adel Abdul-Mahdi announced Tuesday the signing agreements with a German company to develop the electricity sector.

“We have signed four agreements with Siemens with 14 billion dollar to implementing projects in electricity field”, Abdul-Mahdi said during press conference with German Chancellor Angela Merkel in Berlin.

Iraq and German giant Siemens have signed a framework electricity agreement potentially worth billions of dollars. Addressing Iraq’s creaking electricity infrastructure is one of Baghdad’s top priorities.



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