Iran $ 1 billion to Iraq reconstruction
Iraq-Iran, Economics, 7/25/2005

Iraqi Minister of Electricity Abd al-Muhsin Shalash said "Iran allocated one billion dollars for reconstruction of the war-torn Iraq, which will be mainly spent on infrastructural projects, particularly, energy industry," IRNA reported today.


"Shalash said Iran and Germany, during an international conference on Iraq reconstruction recently held in Brussels, expressed their will to participate in reconstruction of Iraq's electricity industry projects. He said Iraq is in need of a 20-billion-dollar budget to join international electricity networks, adding his country also needs 18,000 MWs electricity which will be supplied by 2010 if no problems may appear," the report said.

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