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June 15th, 2011
Iraq’s $77B Electricity Project Promising for Turks

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Iraq’s Electricity Minister says his government will flow some $77 billion into a long term project to improve electricity production and distribution. Iraq plans to finalize a $22 billion portion of the investment until 2015. The Iraqi government is planning to invest $77 billion in country-wide projects to generate and distribute electricity in a bid to repair and develop its war-hit network and meet increasing power demands.

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